1911 Main St - Fast Food FOR SALE


Green Bay, WI 54302- Central Green Bay
$1,200,000 USD
602-687-6780
1911 Main St, Green Bay, WI for Sale
$1,200,000 USD
Fast Food - FOR SALE
1/5
null | 5.51% Cap Rate

1911 Main St
Green Bay, WI 54302
Central Green Bay


HIGHLIGHTS

  • 5+ Years Remaining on Absolute Triple-Net (NNN) Lease - Multi-Unit Operator
  • 5% Rental Increases Every 5 Years with Multiple Renewal Options
  • Tenant is the 2nd-Largest Arby’s Franchisee with ±119 Locations Across 7 States
  • Densely-Populated Trade Area in Green Bay - ±134,427 Residents within a 5-Mile Radius
  • Excellent Frontage Along a Primary East-West Thoroughfare (±18,000 Cars per Day)
  • Situated Along a Busy Retail Corridor - Neighboring Tenants Include Pick ‘n Save, Dollar Tree, ALDI, Kohl’s, PetSmart, and Planet Fitness

OVERVIEW

Arby’s Restaurant Group, Inc. is the franchisor of the Arby’s Brand and is part of the Inspire Brands family of restaurants headquartered in Atlanta, GA. Arby’s, founded in 1964, is the second-largest sandwich restaurant brand in the world with more than 3,500 restaurants in nine countries. Green Bay is a city in, and the county seat of, Brown County, Wisconsin. It is located along the Green Bay inlet at the mouth of the Fox River on Lake Michigan. It is the third-most populous city in Wisconsin.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$600 USD /SF

CAP RATE

5.51%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arby's | Relocation of a 40+ Year Old Site

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,583 SF

ZONING

C2

APN/PARCEL ID

21-1325-3

ASK ABOUT THIS PROPERTY

Christopher LindMarcus & MillichapMore Info
602-687-6780

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Christopher LindMarcus & MillichapMore Info
602-687-6780

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