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$900,000 | CAP: 8.52%3131 S KINNICKINNIC AVENUE | MILWAUKEE, WISCONSIN
RETAIL INVESTMENT GROUP, LLC
ACTUAL SITE - PHOTO TAKEN JANUARY 2018
CLICK TO VIEWDRONE VIDEO
8255 E. RAINTREE DR, SUITE 100SCOTTSDALE, AZ 85260(480) 429-4580 | [email protected]
SEAN STEPHENSONAssociate
MARK MCLOONEAssociate
MICHAEL HAVDALABroker of Record
License #RB14045475
STEVEN I. DAVISManaging Member
INVESTMENT HIGHLIGHTS
5 Mile Population of 269,039 One Half Mile From Lake Michigan
Attractive Corner Location Densly Populated In-Fill Location
Nearby Retailers Include Walgreens,Target, and Starbucks
Increasing Sales Year Over Year - Sub 9% Rent to Sales Ratio Last 2 Years
Absolute NNN Lease 82 Unit Guarantee
INVESTMENT SUMMARY PRICE: $900,000 CAP: 8.52%
CAP Rate:
Address:
Lessee:
Lease Expiration:
NOI:
Lease Type:
Guarantee:
Increases:
Interest:
Lease Options:
Land Area:
Building Size:
8.52%
3131 South Kinnickinnic Ave | Milwaukee, WI
Wisconsin Hospitality Group
09/01/2022
See Broker
Fee Simple
$76,644
Absolute NNN
Wisconsin Hospitality Group 82 Units
3 x 5 Year Options to Extend
±15,629 Square Feet
±1,829 Square Feet
PROPERTY INFORMATION
8255 E. RAINTREE DR, SUITE 100SCOTTSDALE, AZ 85260(480) 429-4580 | [email protected]
SEAN STEPHENSONAssociate
MARK MCLOONEAssociate
MICHAEL HAVDALABroker of Record
License #RB14045475
STEVEN I. DAVISManaging Member
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no representation, guarantee or warranty about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, estimates, opinions use are for example only. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
8255 E. RAINTREE DR, SUITE 100SCOTTSDALE, AZ 85260(480) 429-4580 | [email protected]
SEAN STEPHENSONAssociate
MARK MCLOONEAssociate
MICHAEL HAVDALABroker of Record
License #RB14045475
STEVEN I. DAVISManaging Member
8255 E. RAINTREE DR, SUITE 100SCOTTSDALE, AZ 85260(480) 429-4580 | [email protected]
SEAN STEPHENSONAssociate
MARK MCLOONEAssociate
MICHAEL HAVDALABroker of Record
License #RB14045475
STEVEN I. DAVISManaging Member
SITE PHOTOGRAPHY PHOTOS TAKEN - JANUARY 2018
8255 E. RAINTREE DR, SUITE 100SCOTTSDALE, AZ 85260(480) 429-4580 | [email protected]
SEAN STEPHENSONAssociate
MARK MCLOONEAssociate
MICHAEL HAVDALABroker of Record
License #RB14045475
STEVEN I. DAVISManaging Member
ABOUT PIZZA HUT
Pizza Hut is an American restaurant chain and international franchise founded in 1958 by Dan and Frank Carney. The company is known for its Italian-American cuisine menu including pizza and pasta, as well as side dishes and desserts. Pizza Hut has over 16,000 locations worldwide as of 2015, and is a subsidiary of Yum! Brands, Inc., one of the world’s largest restaurant companies.
The company announced a rebrand that began on November 19, 2014. The rebrand was an effort to increase sales, which dropped in the previous two years. The menu was expanded to introduce various items such as crust flavors and eleven new specialty pizzas. Work uniforms for employees were also refreshed. In 2017, Pizza Hut was listed by UK-based company Richtopia at number 24 in the list of 200 Most Influential Brands in the World.
8255 E. RAINTREE DR, SUITE 100SCOTTSDALE, AZ 85260(480) 429-4580 | [email protected]
SEAN STEPHENSONAssociate
MARK MCLOONEAssociate
MICHAEL HAVDALABroker of Record
License #RB14045475
STEVEN I. DAVISManaging Member
MILWAUKEE | WISCONSIN
The Chinese call it feng shui: the science of balance. And if there ever was a region in balance, it is the greater Milwaukee metropolitan area. Located 90 minutes from both the legendarily beautiful North Woods of Wisconsin and Chicago, the third largest city in the United States. Milwaukee is a city that celebrates all four seasons – the apple blossoms and emerald carpets of spring, the refreshing lake breezes of summer, the brilliant colors of fall and the glistening, peaceful snows of winter.
It is a city both big enough to offer professional sports and world-class performing arts, yet small enough to navigate with ease. From May through September, the city vibrates with a dizzying array of outdoor activities, including parades, music festivals, ethnic celebrations and church socials, bicycle races, sailing regattas, block parties and art fairs. For sports fans, there’s a year-round menu of events that includes professional basketball, baseball, soccer and hockey games, as well as NCAA Division 1 college basketball. And it’s just a short drive from Big 10 football (Wisconsin Badgers) and NFL football (Green Bay Packers and the Chicago Bears).
Every weekend, the curtain rises on a diverse playbill of performing arts. Few other cities offer such a variety of performances and venues. The Milwaukee Symphony Orchestra, under the dynamic leadership of Music Director Edo de Waart, performs 140 classics, pops, family and educational concerts each season. Its nationally syndicated radio broadcasts are heard on nearly 150 stations throughout the United States.
The city is also one of only a handful of cities that can boast a ballet and opera company as well as a world-renowned African dance troupe. Younger audiences head for the city’s lakefront each summer to celebrate Summerfest, the world’s largest music festival, which features hundreds of bands performing at more than a dozen stages over its 10-day run.
8255 E. RAINTREE DR, SUITE 100SCOTTSDALE, AZ 85260(480) 429-4580 | [email protected]
SEAN STEPHENSONAssociate
MARK MCLOONEAssociate
MICHAEL HAVDALABroker of Record
License #RB14045475
STEVEN I. DAVISManaging Member