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32061813
32061812

2821 Hendrickson Drive, Eau Claire, WI 54701

BB
WI WI 56114, MN MN 40546562 (+1)
Brisky Net Lease
LC
MN 40962508
Brisky Net Lease
Listed by Brisky Net Lease
$1,008,000
31 days on market
Updated 31 days ago

Arby's | Eau Claire, WI

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,414
Cap Rate 6.25%
NOI $63,000
Occupancy 100%
Tenancy Single
Brand/Tenant Arby's
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 02/28/2039
Remaining Term 12.7
Rent Bumps Yes
Lease Options Four 5-Year
Price per SqFt $295
Year Built 1985
Acreage 0.720
Zoning C3H
Investment Type Net Lease
Lease Commencement 02/25/2019
Ground Lease No

Absolute NNN | Arby's | Great College Town

Investment highlights

Absolute NNN Lease -

This property offers a new absolute NNN lease with zero landlord responsibilities. The lease has over 12 years remaining, featuring rent increases and four 5-year options. Plus, the location benefits from being an established, long-term location for this national tenant.

Strategic Location -

Located in a retail corridor along Hendrickson Drive / WI Hwy 37 with traffic counts over 13K vehicles per day. The property is easily accessible with a drive-thru, ample parking, and signage. Located less than one mile from the University of Wisconsin-Eau Claire and Chippewa Valley Technical College.

Established Regional Market -

Located in Eau Claire, the property benefits from the city’s role as a regional hub for west-central Wisconsin, also known as the Chippewa Valley, serving over 175,000 people. Eau Claire is home to the University of Wisconsin-Eau Claire, with a student population of over 10,000.

Strong Demographics -

Located about 1.5 hours east of the Twin Cities. Eau Claire is the second-fastest-growing major city in Wisconsin. The area within a ten-mile radius of the property has a population exceeding 110,000 people, with an average household income of over $100,000.

Long-Term Tenant with Large Franchisee Operator -

Arby's has been successfully operating at this location for many years. This location is managed by DRM Inc., the 2nd largest Arby’s franchisee. DRM currently owns and operates 118 Arby’s restaurants in seven Midwest states, with the Corporate Office located in Omaha, Nebraska.

Drive-Thru Oriented Asset -

The property features a drive-thru configuration, catering to convenience-based consumer demand.

Listing Contacts

BB
WI WI 56114, MN MN 40546562 (+1)
Brisky Net Lease
LC
MN 40962508
Brisky Net Lease
Listed by Brisky Net Lease

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$63,000.00
$5,250.00/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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Additional Information

Name
Brian Brisky
License
WI 56114
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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