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33736149
33736072

37496 US Highway 18, Prairie du Chien, WI 53821

TS
CA CA 02059923
Faris Lee Investments
HS
CA 02036521
Faris Lee Investments
Listed by Faris Lee Investments
$1,876,000
1 day on market
Updated 1 day ago

New Taco Bell | 300+ Unit Operator

Details
APN 002072330000
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 2,279
Net Rentable (SqFt) 2,279
Cap Rate 5.75%
NOI $107,855
Occupancy 100%
Tenancy Single
Brand/Tenant Taco Bell
Lease Type Absolute NNN
Lease Term 25
Lease Expiration 11/19/2049
Remaining Term 23.4
Rent Bumps Yes
Lease Options 5 (5-Yr)
Broker Co-Op True
Year Built 2024
Buildings 1
Stories 1
Acreage 0.730
Zoning B-2 (Highway Commercial District)
Investment Type Net Lease
Lease Commencement 11/20/2024
Ground Lease Yes
Ownership Leased Fee (Land Only)

JUST LISTED: Taco Bell Drive-Thru | Abs NNN | 25 Yr Term | Annual Increases | WI

Marketing description

Faris Lee Investments is pleased to present the opportunity to acquire a new, drive-thru Taco Bell property located in Prairie du Chien, Wisconsin. The subject property is strategically positioned in one of the primary gateway cities connecting Wisconsin and Iowa. The offering is secured by a rare 25-year Absolute NNN ground lease featuring 1.75% rental increases every year, providing an investor with both a strong hedge against inflation and increasing cash flow throughout the lease term. With zero landlord responsibilities, this asset is ideally suited for a passive or out-of-state investor seeking a management-free QSR investment property.

The subject property is embedded within Prairie du Chien’s primary QSR and retail

corridor, proximate to Walmart Supercenter (1.6 million annual visits), McDonald’s (429,500

visits), Culver’s (423,100 visits), Aldi (269,300 visits) and more. There is no QSR Mexican

competition in the city, and the next closest Taco Bell is 38 miles away. The property is also

within walking-distance to Crossing Rivers Health, a critical access hospital serving the

region with 300-400 employees, and proximate to other major employers including Cabela’s

distribution center, 3M, and Miniature Precision Components. The retailers, QSR tenants,

and employers draw from a 25-mile radius, which equates to approx. 56,200 residents. This

offering represents a premier opportunity to acquire a brand-new Absolute NNN Taco Bell

investment property in a captive, competition-free regional market served by one of the

most experienced and highly ranked QSR operators in the country.

Investment highlights

  • New Construction, Drive-Thru Taco Bell property
  • Taco Bell: the Largest Mexican-Inspired QSR chain in the World
    • 9,000+ locations
    • $18.4 Billion in global system sales
    • Avg sales per store: $2.3 million dollars; targeting $3M by 2030
  • Pacific Bells: Best-In-Class Taco Bell legacy operator & subsidiary of Anchor Point Management
  • Anchor Point Management: 400+ Unit QSR company & Top-Ten in Revenue (per Franchise Times)
  • Rare 25 Year Lease Term with Annual 1.75% Rental Increases
  • Absolute NNN Ground Lease: Ultimate Ease of Management for investor
  • QSR tenants and retailers in trade area draw from 25-mile radius
  • Strategically built along commercial artery / US Highway 18
  • Trade Area draws consumers from 25-mile radius; Regional Hub for southwest Wisconsin & northeast Iowa
  • Walking distance from Crossing Rivers Health Hospital (300-400 employees) and 1.2 miles from PDC High School
  • Nearby employers: 3M Manufacturing, Cabela's distribution center, Miniature Precision Components, etc.

Listing Contacts

TS
CA CA 02059923
Faris Lee Investments
HS
CA 02036521
Faris Lee Investments
Listed by Faris Lee Investments

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$107,855.00
$8,987.92/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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Additional Information

Name
MICHAEL SCHERTLER
License
WI 56606-90
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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