2723 Beck Dr, Waterford, WI 53185

Long-Term Lease with Zero Landlord Responsibilities: The property is backed by an Absolute NNN lease with over 10 years of remaining term, offering investors secure, long-term cash flow. The lease structure ensures zero landlord responsibilities, providing truly passive income with no maintenance, repair, or operational obligations. The lease features 1% annual rental increases, offering consistent income growth and a natural hedge against inflation. This structured escalation enhances long-term yield and preserves purchasing power over time.

Strong Rent-to-Sales Ratio: The property boasts an excellent rent-to-sales ratio of 7.34%, underscoring the tenant’s healthy operating performance and strong occupancy fundamentals. Tenant reports sales monthly. For further financial details and tenant performance metrics, please contact the listing agent directly.

Established Long-Term Operating History: The property has operated continuously as a Burger King for nearly 40 years, demonstrating exceptional tenant commitment and long-standing community presence. This proven track record reinforces the site’s viability and appeal as a stable, income-generating investment. Additionally, the lease has two 10-year options to renew which provide further investment stability.

Low Occupancy Cost: Tenant is paying $77,369 in annual rent which is among the lowest rent in country for Burger King and approximately 40% less than other Burger King assets being actively marketed for sale.

Built-In Annual Rent Increases: The lease features 1% annual rental increases, offering consistent income and a hedge against inflation.

Franchisee Guarantee by Cave Enterprises: The lease is guaranteed by Cave Enterprises, the largest single owner Burger King franchisee in North America. With a strong regional presence and operational experience, Cave Enterprises owns 178 Burger Kings across six states adding an additional layer of financial security to the investment.

Drive-Thru Equipped Location: The property is equipped with a drive-thru, enhancing convenience for customers & increasing daily traffic to the site. Drive-thru access remains a critical feature for quick-service restaurants, supporting strong sales performance & long-term tenant success. The large site accommodates big rigs, 18- wheeler trucks and other large vehicles.

Located Within the Milwaukee MSA: The property is strategically located within the Milwaukee Metropolitan Statistical Area (MSA), the largest population and economic hub in Wisconsin. As a diverse and economically resilient region, the Milwaukee MSA supports strong demand for retail and service-based tenants.

Positioned on the Town’s Main Thoroughfare: The property is prominently located along State Route 36 (Milwaukee Avenue), the primary thoroughfare running through the heart of the town and connecting Milwaukee to Rochester and Burlington. This main arterial road ensures maximum visibility and steady traffic flow, making it a key retail corridor for both local residents and passing commuters. Its central location enhances accessibility and long-term tenant success.

Highly Accessible Location: The property benefits from excellent accessibility, located directly on State Route 36 (Milwaukee Avenue) and State Route 20 (Beck Drive). This prime positioning ensures easy ingress and egress for both local and commuter traffic with traffic counts exceeding 23,000 vehicles per day. The high-visibility signalized corner with pylon signage enhances exposure and supports consistent customer flow to the site.

Impressive Demographics: The average household income exceeds $110,000 across all radii with a notable percentage of households earning over $100,000 annually. Approximately 80% are owner occupied housing units.

New Microsoft AI Data Center: Microsoft is investing $3.3 billion to build an AI data center in nearby Mount Pleasant, Wisconsin, with a planned opening in 2026. This project involves building several data center buildings on a large campus and is expected to create 2,000 direct jobs. The project also includes partnerships with local institutions for AI training and innovation. https://rcedc.org/microsoft-in-racine-county/