1299 Olympia Fields Dr - Fast Food FOR SALE


Oconomowoc, WI 53066
$3,133,333 USD
414-273-4600
1299 Olympia Fields Dr, Oconomowoc, WI for Sale
$3,133,333 USD
Fast Food - FOR SALE
1/11
null | 5.25% Cap Rate

1299 Olympia Fields Dr
Oconomowoc, WI 53066


HIGHLIGHTS

  • Long-Term NN+ Lease – 15-year corporate lease with 10% escalations every 5 years; Chipotle self-manages CAM.
  • Prime Location – Olympia Fields mixed-use development directly off I-94 (60,000 VPD) & Hwy 67 (23,000 VPD).
  • Affluent Demographics – Over 44,000 residents within 5 miles with average household incomes exceeding $153,000.
  • Strong Co-Tenancy – Adjacent to Panera Bread (new) and First Watch (opening 2025/2026), plus Sendik’s, Planet Fitness, Landmark Credit Union.
  • Corporate Guarantee – Lease backed by Chipotle Mexican Grill, Inc. (NYSE: CMG, BBB S&P).

OVERVIEW

A brand-new Chipotle Mexican Grill positioned in Oconomowoc, Wisconsin, featuring a 2,325 SF prototype with a Chipotlane digital drive-thru designed to maximize efficiency and meet growing consumer demand. The property is backed by a 15-year NN+ corporate lease with Chipotle Mexican Grill, Inc. (NYSE: CMG | S&P: BBB), including 10% rent escalations every five years across the primary term and options. Tenant self-manages CAM, limiting landlord responsibilities to roof and structure. Located within Olympia Fields, Lake Country’s premier mixed-use development directly off Interstate 94 and Highway 67 (±60,000 and ±23,000 VPD), the site enjoys excellent visibility, strong access, and high-quality co-tenancy. Neighbors include Panera Bread, First Watch, Sendik’s Food Market, Planet Fitness, and Landmark Credit Union. Olympia Fields is evolving into a regional destination with new multifamily housing, retail, and entertainment development, including Locklyn Apartments (224 units), a 116-unit mixed-use building, and The Social, a 60,000 SF entertainment venue. Combined with Oconomowoc’s affluent demographics—average household income exceeding $153,000 within 5 miles—and major employment drivers such as the Target Distribution Center and ProHealth Oconomowoc Memorial Hospital, this property offers investors long-term stability and growth.

FOR SALE DETAILS

PRICE

$3,133,333 USD

PRICE/SF

$1,362 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle | Oconomowoc, WI

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

-

APN/PARCEL ID

OCOC-0614-975-021

ASK ABOUT THIS PROPERTY

Dan RosenfeldMid-America Real Estate – Wisconsin, LLCMore Info
414-273-4600

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Dan RosenfeldMid-America Real Estate – Wisconsin, LLCMore Info
414-273-4600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.