3849 Oakwood Mall
Eau Claire, WI 54701
Retail Property For Sale
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EXECUTIVE SUMMARY
Commonweal is pleased to present the exclusive listing for the Chick-fil-A located at 3849 Oakwood Mall Drive in Eau Claire, WI. The site consists of a 5,000 SF building on a 1.75 acre lot in a highly visible and high traffic location. Chick-fil-A opened in November 2023 with a 15 year absolute NNN lease. Initial rent is $271,391 annually with 8 5-year renewal options, increasing at 7.5% at each option period. This Chick-fil-A is the only one within 80 miles of Eau Claire. Contact us today to learn more about this opportunity.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,000 SF
Building Class
B
Year Built
2023
Price
$6,300,000
Price Per SF
$1,260
Cap Rate
4.31%
NOI
$271,391
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.75 AC
Zoning
C3
Frontage
140 FT on Oakwood Mall Drive
PROPERTY TAXES
Parcel Number | 15-4592 | Improvements Assessment | $0 |
Land Assessment | $1,068,200 | Total Assessment | $1,068,200 |