Caribou Coffee "Cabin" Weston/Schofield 2310 Schofield Ave 605 SF 4-Star Retail Building Weston, WI 54476 $1,385,000 ($2,289.26/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- New Drive-Thru Small Format “Cabin” Concept
- Dominant Regional Coffee Brand With 450+ Locations Nationally
- NNN Lease
- Panera Bread Merger
- Property is Located in Close Proximity to Big Box Retail Traffic Drivers
EXECUTIVE SUMMARY
CBRE is exclusively offering for sale the fee simple interest to a new construction, free standing, Caribou Coffee located in Weston, WI. Weston is part of Marathon County, and has an economy driven by the traditional industries of manufacturing and agriculture. Caribou Coffee is the dominant regional coffee brand. Wisconsin has the second highest concentration of Caribou locations nationally.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
605 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2022
Price
$1,385,000
Price Per SF
$2,289.26
Cap Rate
7%
NOI
$97,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.54 AC
AMENITIES
- Restaurant
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 192-2808-181-0925 | Improvements Assessment | $128,000 |
| Land Assessment | $150,500 | Total Assessment | $278,500 |
