4910 Washington Ave - Fast Food FOR SALE


Racine, WI 53406- Sturtevant
$3,808,000 USD
513-300-0763
4910 Washington Ave, Racine, WI for Sale
$3,808,000 USD
Fast Food - FOR SALE
1/4
null | 5.75% Cap Rate

4910 Washington Ave
Racine, WI 53406
Sturtevant


OVERVIEW

Introducing WENDY'S at 4910 Washington Ave, Racine, WI 53406 – a prime investment opportunity boasting impressive numbers. This top-ranked Wendy's location in Wisconsin reflects phenomenal store sales at 4.72% rent to sales ratio. With 12+ years remaining on the lease and a strong franchisee in Bridgeman Foods II Inc., this single-tenant property features a 2,513 SF building on 0.91 acres with a 5.75% CAP rate. Situated in a high-traffic area with over 28,900 VPD, the property enjoys a strategic location near national retailers like Walmart, Walgreens, and more. Demographics show a population of 143,571 within 5 miles, with an average household income of $73,543. The property benefits from an absolute "NNN" lease, highlighting a lucrative investment opportunity in rapidly growing Racine, WI. Don't miss out on owning a piece of the action at this thriving Wendy's location.

FOR SALE DETAILS

PRICE

$3,808,000 USD

PRICE/SF

$1,515 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

B2

APN/PARCEL ID

276-000013132019

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

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