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225306 Lilac Ave
Wausau, WI 54401
Low Rent Chick-fil-A Ground Lease · Retail Property For Sale
Investment Highlights
- Brand New Construction - Tenant Opened For Business in February 2026
- Rent is Well Below the National Chick-fil-A Average Rent at $22.62/SF
- Corporate Guarantee – Over 3,000 Locations
- Absolute Net Ground Lease Through 1/31/2041
- 7.5% Rent Increases Every Five Years Throughout Base Term and Eight Five-Year Options
- Located in Dense Retail Corridor off of Highway 51 near Rib Mountain State Park and Granite Peak Ski Resort
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,304 SF
Building Class
C
Year Built
2026
Price
$3,999,962 CAD
Price Per SF
$754.14 CAD
Cap Rate
4.15%
NOI
$166,088 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.95 AC
Property Taxes
| Parcel Number | 068-2807-145-0991 | Improvements Assessment | $142,043 CAD |
| Land Assessment | $228,999 CAD | Total Assessment | $371,042 CAD |
Property Taxes
Parcel Number
068-2807-145-0991
Land Assessment
$228,999 CAD
Improvements Assessment
$142,043 CAD
Total Assessment
$371,042 CAD
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