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Investment Highlights

  • Absolute NNN Lease
  • Established Regional Market
  • Long-Term Tenant with Large Franchisee Operator
  • Strategic Location
  • Strong Demographics
  • Drive-Thru Oriented Asset

Executive Summary

Absolute NNN Lease -
This property offers a new absolute NNN lease with zero landlord responsibilities. The lease has over 12 years remaining, featuring rent increases and four 5-year options. Plus, the location benefits from being an established, long-term location for this national tenant.
Strategic Location -
Located in a retail corridor along Hendrickson Drive / WI Hwy 37 with traffic counts over 13K vehicles per day. The property is easily accessible with a drive-thru, ample parking, and signage. Located less than one mile from the University of Wisconsin-Eau Claire and Chippewa Valley Technical College.
Established Regional Market -
Located in Eau Claire, the property benefits from the city’s role as a regional hub for west-central Wisconsin, also known as the Chippewa Valley, serving over 175,000 people. Eau Claire is home to the University of Wisconsin-Eau Claire, with a student population of over 10,000.
Strong Demographics -
Located about 1.5 hours east of the Twin Cities. Eau Claire is the second-fastest-growing major city in Wisconsin. The area within a ten-mile radius of the property has a population exceeding 110,000 people, with an average household income of over $100,000.
Long-Term Tenant with Large Franchisee Operator -
Arby's has been successfully operating at this location for many years. This location is managed by DRM Inc., the 2nd largest Arby’s franchisee. DRM currently owns and operates 118 Arby’s restaurants in seven Midwest states, with the Corporate Office located in Omaha, Nebraska.
Drive-Thru Oriented Asset -
The property features a drive-thru configuration, catering to convenience-based consumer demand.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,414 SF
Building Class
C
Year Built
1985
Price
$1,371,394 CAD
Price Per SF
$401.70 CAD
Cap Rate
6.25%
NOI
$85,712 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.72 AC
Zoning
C3H
Parking
45 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
140’ on Hendrickson Dr

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
Red Lobster
Five Guys
Caribou Coffee
Nicolet Bank
Bank of Montreal
Anytime Fitness

Property Taxes

Property Taxes

Parcel Number
15-1056-D
Land Assessment
$639,845 CAD
Improvements Assessment
$430,458 CAD
Total Assessment
$1,070,303 CAD
  • Listing ID: 40389119

  • Date on Market: 2026-05-04

  • Last Updated:

  • Address: 2821 Hendrickson Dr, Eau Claire, WI 54701

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