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Outback Steakhouse: Onalaska, WI 311 Hampton Ct

6,320 SF Retail Building Onalaska, WI 54650 $2,306,800 ($365/SF) 6.50% Cap Rate

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Investment Highlights

Absolute NNN Lease with Corporate Guaranty
Affluent demographics with a population of 21,627and an average household income of $103,234 within a 3-mile radius
Publicly-Traded Parent Company

The offering boasts rare annual rent increases of 1.80%
3.5 MSF of retail, 1.7 MSF of industrial and 1,700+ multifamily units within a 3-mile radius

Executive Summary

CBRE is pleased to offer for sale the 6,320 square-foot Outback Steakhouse situated on 1.81 acres in Onalaska, WI. Outback’s absolute NNN lease features ±12.2 years of primary term remaining with three, 5-year renewal options and a corporate guaranty from Bloomin’ Brands.