Triple Net Leased Restaurant – Milwaukee, WI
This sit-down restaurant has a cap rate at 12.01%! It is leased on a triple net basis and includes three options to renew. The second and third options include rent escalators, offering the investor additional long-term income.
The building improvement is 5,749 square feet in size. It is situated on a 0.713-acre site. It is located along a major arterial in the City of Milwaukee, with an average daily traffic count at 25,300 vehicles. The site also includes 71 surface parking stalls and a pylon sign. Further, the property is zoned NS2 (Commercial Neighborhood Shopping District).