Log In/Sign Up
Your email has been sent.
Church's Chicken | Brand New 15 Yr Lease 2425 Milton Ave 2,485 SF Retail Building Janesville, WI 53545 $2,680,166 CAD ($1,078.54 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 15 Year Lease | Options To Extend | Scheduled Increases Strong Operator | Well Known Fast-Food Brand
- Pine Tree Plaza | Dense Retail Corridor | National/Credit Tenant Presence
- Strong Demographics In 5-Mile Trade Area
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Located Along Milton Ave | Interstate 90 (49,900 VPD) | Drive-Thru Equipped | Excellent Visibility & Access
EXECUTIVE SUMMARY
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple (land & building ownership) interest in an absolute NNN leased, drive-
thru equipped, Church’s Chicken investment property located in Janesville, Wisconsin. The tenant recently signed a 15-year lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features a 10% rental increase every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.
thru equipped, Church’s Chicken investment property located in Janesville, Wisconsin. The tenant recently signed a 15-year lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features a 10% rental increase every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,485 SF
Building Class
C
Year Built/Renovated
2008/2025
Price
$2,680,166 CAD
Price Per SF
$1,078.54 CAD
Cap Rate
6.25%
NOI
$167,510 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.48 AC
Zoning
B2 - Community Shopping District
Parking
30 Spaces (12.07 Spaces per 1,000 SF Leased)
Frontage
100’ on Milton Ave
AMENITIES
- Freeway Visibility
- Restaurant
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Church's Chicken | Brand New 15 Yr Lease | 2425 Milton Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.