225407 Rib Mountain Dr - Retail FOR SALE


Wausau, WI 54401
$2,692,233 USD
414-273-4600
225407 Rib Mountain Dr, Wausau, WI for Sale
$2,692,233 USD
Retail - FOR SALE
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225407 Rib Mountain Dr
Wausau, WI 54401


HIGHLIGHTS

  • New 15-Year Corporate NNN Lease Chipotle Mexican Grill, Inc. (NYSE: CMG)
  • Chipotle’s Latest Prototype – Chipotlane Features mobile order-ahead pickup lane to enhance throughput and lower labor costs.
  • Minimal Landlord Responsibilities Absolute NNN structure with landlord responsible only for roof and structure.

OVERVIEW

Brand-new Chipotle Mexican Grill (NYSE: CMG) under a 15-year corporate-guaranteed NNN lease with 10% rent increases every 5 years and in each of the four 5-year renewal options. This is the first and only Chipotle in the Wausau metro area, offering strong regional draw with the nearest location nearly 95 miles away. The property features Chipotle’s newest prototype, including a Chipotlane (mobile order-ahead pickup lane) to enhance throughput and customer convenience. Positioned along Wausau’s primary retail corridor, the site benefits from exceptional visibility and traffic counts exceeding 88,000 vehicles per day. Surrounded by national retailers including Walmart, Sam’s Club, Target, Starbucks, and Panda Express, the asset is located in a high-performing, destination retail trade area. Strong 5-mile demographics with over 66,000 residents and an average household income of $88,000+. The site will share a parcel with a newly developed Chick-fil-A, creating a high-traffic QSR synergy within a top-tier national tenant lineup. This co-tenancy positions the asset for exceptional long-term visibility and consumer pull. Offered at a 5.15% cap rate on Year 1 income of $138,650. NNN lease with minimal landlord responsibilities, limited to roof and structure.

FOR SALE DETAILS

PRICE

$2,692,233 USD

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle - Wausau

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

-

APN/PARCEL ID

068-2807-142-0968

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 Policy.