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Applebee’s For Lease 115 Industrial Dr 5,488 SF of Retail Space Available in Beaver Dam, WI 53916
Highlights
- Prime restaurant space of ±5,488 SF available for lease in Beaver Dam’s main retail corridor.
- Ample parking with 34 spaces and 389 feet of frontage on E. Industrial Dr.
- High visibility location with ±17,000 VPD on US 151 and ±6,000 VPD on E Industrial Rd.
- Co-tenant Pizza Hut provides strong traffic and synergy for restaurant operators.
- Modern construction built in 2015, ideal for restaurant or retail use.
- Located in a strong trade area with 18,915 residents within 3 miles.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,488 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
This former Applebee’s restaurant space, encompassing approximately 5,488 square feet, offers a prime leasing opportunity in Beaver Dam’s leading retail corridor. Built in 2015, the property features modern construction, a well-designed layout suitable for restaurant or quick-service conversion, and flexible tenant improvements for customized occupancy. The site offers exceptional visibility on E. Industrial Drive with 389 feet of frontage and strong traffic counts, including more than 17,000 vehicles per day along US Highway 151 and 6,000 VPD on Industrial Road. Ample on-site parking with 34 dedicated spaces and direct site access make it a practical and functional location for customers and staff. Situated within a vibrant retail trade area, the property shares synergy with a co-tenant Pizza Hut and is surrounded by a robust mix of national retailers, quick-service restaurants, and hospitality brands that draw consistent consumer traffic. The site serves a population base of more than 18,900 residents within a 3-mile radius, presenting excellent market fundamentals for food and beverage operators or retail users seeking high-visibility presence with convenient highway connectivity.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 5,488 SF | Gross Leasable Area | 7,924 SF |
| Property Type | Retail | Year Built | 2015 |
| Property Subtype | Restaurant | Parking Ratio | 4.54/1,000 SF |
| Total Space Available | 5,488 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 7,924 SF |
| Year Built | 2015 |
| Parking Ratio | 4.54/1,000 SF |
About the Property
The property at 115 Industrial Drive in Beaver Dam is a single-story retail building constructed in 2015, offering a unit previously occupied by Applebee’s. It lies within a major retail corridor supported by strong traffic volumes from nearby arterials including US-151. The parcel features marked surface parking, clear building visibility from the street, and complementary retail presence in the immediate area.
Nearby Major Retailers
Contacts
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Catherine Lueckel -
Abigail Ruckel -
Charlie Wheeler -
Connor Knauer -
Matthews Real Estate Investment Services
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Applebee’s For Lease | 115 Industrial Dr
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