Starbucks & Qdoba

885 S. Rochester Street
Mukwonago, WI 53149

Marketing Materials

Overview

The property possesses strong lease fundamentals, highlighted by ten years of lease term, in-place rental escalations, options to renew and limited landlord responsibilities. The asset is located on South Rochester Street, Mukwonago’s most trafficked thoroughfare with over 24,500 vehicles passing the Asset daily. The local trade area is anchored by leading national tenants including Walmart, The Home Depot, Aldi, and Tractor Supply. The Property is positioned as a pad site to Tractor Supply and Pebbles. Additionally, the nearby presence of a new-construction YMCA and ProHealth Care medical facility provide long-term stability to the immediate location. This offering represents the opportunity to purchase a new construction asset possessing high performing national tenants with a long term net lease.
  • Primary Broker

    Jordan Uttal - Net Lease Broker
    Jordan Uttal

    (213) 239-6222

  • Secondary Broker(s)

    Jason Gribin - Net Lease Broker
    Jason Gribin

    (213) 239-6130

  • In-State Licensee

    Larry Kilduff - Net Lease Broker
    Larry Kilduff
    WI

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Investment Highlights
• NN lease with ten years of lease term & in-place escalations
• Asset features new construction
• Proximate to leading national tenants including Walmart, Home Depot, Aldi & Tractor Supply
• Positioned as a pad site to Tractor Supply
• Active development and deliveries within the trade area including amenities such as YMCA and ProHealth Care
General
Property Type Retail
Property Address 885 S. Rochester Street
Mukwonago, WI 53149
Market WI-Milwaukee/Madison
Building Size 4,400 Square Feet
Primary Use Fast Food
Year Built 2018
Tenancy Multi-Tenant
Financial
Price $2,420,000
Price PSF $550.00
Cap Rate 6.00%
Current NOI $145,200
Lease
Lease Type NNN
Annual Rent $145,200
Rent Escalations Varies - See OM for Rent Roll
Options 4 x 5 Years
Lease Expiration Date 2/28/2028
Remaining Term 9.5Yrs