Arbys | 7141 Durand Ave
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Arbys 7141 Durand Ave
3,000 SF Retail Building Sturtevant, WI 53177 $2,011,943 ($671/SF) 5.50% Cap Rate
Executive Summary
CBRE is pleased to present an exclusive listing for the Arby’s located at 7141 Durand Ave in Sturtevant, Wisconsin. The site consists of 3,000 total square feet of building space and sits on 1.3 acres of land. The site will be subject to a 20-year sale-leaseback with AES Restaurants. Starting in year one, the base rent shall be $110,657. The lease will call for 10% rental escalations each five-year period during the base term and throughout each, five-year period.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Building Class
C
Year Built
2000
Price
$2,011,943
Price Per SF
$671
Cap Rate
5.50%
NOI
$110,657
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.30 AC
Zoning
B-3 - Commercial
Parking
34 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
175 FT on Durand Ave
Amenities
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 151-032226161071 | Improvements Assessment | $349,200 |
| Land Assessment | $849,400 | Total Assessment | $1,198,600 |
PROPERTY TAXES
Parcel Number
151-032226161071
Land Assessment
$849,400
Improvements Assessment
$349,200
Total Assessment
$1,198,600
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Arbys | 7141 Durand Ave
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