Listed by Marcus & Millichap - Milwaukee
$2,750,000
Low Rent Chick-fil-A Ground Lease | New Construction
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 5,304
Net Rentable (SqFt) 5,304
Cap Rate 4.36%
NOI $120,000
Occupancy 100%
Tenancy Single
Brand/Tenant Chick-fil-A
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 01/31/2041
Remaining Term 14.5
Rent Bumps Yes
Lease Options Eight Five-Year
Price per SqFt $518
Broker Co-Op Yes
Year Built 2026
Buildings 1
Acreage 0.950
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 02/01/2026
Occupancy Date 01/30/2026
Ground Lease Yes
15 Yr Ground Lease | New Construction | Low Rent | Corp Guarantee
Marketing description
Marcus & Millichap is pleased to present this brand-new construction Chick-fil-A, backed by a corporate guarantee. The tenant has executed a 15-year ground lease with zero landlord responsibilities, offering truly passive ownership. The property is located within a dense retail corridor off Highway 51, near Rib Mountain State Park and Granite Peak Ski Resort—two major year-round demand drivers that attract consistent visitor traffic to Wausau.
Investment highlights
- Brand New Construction - Tenant Opened For Business in February 2026
- Absolute Net Ground Lease Through 1/31/2041
- Rent is Well Below the National Chick-fil-A Average Rent at $22.62/SF
- 7.5% Rent Increases Every Five Years Throughout Base Term and Eight Five-Year Options
- Corporate Guarantee – Over 3,000 Locations
- Located in Dense Retail Corridor off of Highway 51 near Rib Mountain State Park and Granite Peak Ski Resort
Listing Contacts
Listed by Marcus & Millichap - Milwaukee
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$120,000.00
$10,000.00/mo
Valuation Metrics
0
DSCR
4.36%
Cap Rate
4.36%
ROI
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