$4,198,528 USD
512-768-0380
1897 Velp Ave
Green Bay, WI 54303
Central Green Bay
HIGHLIGHTS
- Long Term 20-Year Sale Leaseback With Zero Landlord Responsibilities
- Healthy Hedge Against Inflation With 2% Annual Rent Increases
- Impressive Rent Coverage Ratio (Inquire For Details)
- Top 15% Taco Bell in the Country, According to Placer.ai
- Strong Sales Performance With Healthy Rent-to-Sales Ratio (Inquire For Details)
- Located Directly Off of Hwy 41, a Major North-South Highway That Runs From the Illinois-Wisconsin Border Up to Northern Michigan (225 Miles)
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,452 SF Taco Bell Located at 1897 Velp Avenue in Green Bay, WI. This Deal Includes a Long-Term 20-Year Sale Leaseback With Zero Landlord Responsibilities and a Healthy Hedge Against Inflation With 2% Annual Rent Increases, Providing Investors With Stable, Passive Income Backed By a Nationally Recognized Brand.
In Cooperation With ParaSell, Inc. , A Licensed Wisconsin Broker - Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90
FOR SALE DETAILS
PRICE
$4,198,528 USD
PRICE/SF
$1,652 USD /SF
CAP RATE
5.3%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Taco Bell - Green Bay, WI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.85 AC
LAND SF
37,026 SF
ZONING
-
APN/PARCEL ID
VH-542-3-1-A
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512-768-0380
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512-768-0380
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