6831 Odana Rd
Madison, WI 53719
West Madison
HIGHLIGHTS
- 20-Year Absolute NNN Lease with 10% Increases Every 5 Years
- High-Performing Store with Above Average Sales, Low Rent-to-Sales Ratio at 5.8%
- Strong Personal Guaranty from High-Net-Worth Operator
- Experienced Franchisee of Popeyes, Checkers, and BP, 70+ Locations and Growing
- Popeyes is the 2nd Largest Chicken Chain in the U.S.
- Brand New Construction with Double Drive-Thru, Modern Prototype Design
FOR SALE DETAILS
PRICE
$2,051,000 USD
PRICE/SF
$586 USD /SF
CAP RATE
5.85%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Popeyes
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
44
LAND DETAILS
LAND ACRES
0.97 AC
LAND SF
42,253 SF
ZONING
G2
APN/PARCEL ID
0708-252-0424-4
ASK ABOUT THIS PROPERTY
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858-373-3174
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858-373-3174
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
