350 Layton Ave - Fast Food FOR SALE


Milwaukee, WI 53207- Town of Lake
$1,573,000 USD
949-506-2007
350 Layton Ave, Milwaukee, WI for Sale
$1,573,000 USD
Fast Food - FOR SALE
1/9
null | 5.85% Cap Rate

350 Layton Ave
Milwaukee, WI 53207
Town of Lake


HIGHLIGHTS

  • Brand New 15-Year Lease | New Construction | Franchisee Guaranty
  • Absolute NNN Ground Lease | Leased Fee Ownership | Zero Landlord Responsibilities
  • Dense Retail Corridor | Frontage to 29,600 VPD
  • Proven Retail Performance | #1 Ranked Retailers Per Placer.ai
  • Affluent Milwaukee MSA Trade Area

OVERVIEW

RS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, 7 Brew investment property located in Milwaukee, Wisconsin. The tenant, 7 Brew recently signed a brand new 15 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

FOR SALE DETAILS

PRICE

$1,573,000 USD

PRICE/SF

$2,860 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

7 Brew | Absolute NNN Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

LB1

APN/PARCEL ID

595-0861-000

ASK ABOUT THIS PROPERTY

Cortland LioiSRS National Net LeaseMore Info
949-506-2007

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Cortland LioiSRS National Net LeaseMore Info
949-506-2007

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