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4910 Washington Ave 2,513 SF Retail Building Racine, WI 53406 $5,315,664 CAD ($2,115.27 CAD/SF) 5.75% Cap Rate



EXECUTIVE SUMMARY
Introducing WENDY'S at 4910 Washington Ave, Racine, WI 53406 – a prime investment opportunity boasting impressive numbers. This top-ranked Wendy's location in Wisconsin reflects phenomenal store sales at 4.72% rent to sales ratio. With 12+ years remaining on the lease and a strong franchisee in Bridgeman Foods II Inc., this single-tenant property features a 2,513 SF building on 0.91 acres with a 5.75% CAP rate. Situated in a high-traffic area with over 28,900 VPD, the property enjoys a strategic location near national retailers like Walmart, Walgreens, and more. Demographics show a population of 143,571 within 5 miles, with an average household income of $73,543. The property benefits from an absolute "NNN" lease, highlighting a lucrative investment opportunity in rapidly growing Racine, WI. Don't miss out on owning a piece of the action at this thriving Wendy's location.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,513 SF
Building Class
B
Year Built
1983
Price
$5,315,664 CAD
Price Per SF
$2,115.27 CAD
Cap Rate
5.75%
NOI
$305,706 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.91 AC
Zoning
B2
Parking
28 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
158’ on Washington Ave
AMENITIES
- Pylon Sign
- Drive Thru
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 276-000013132019 | Improvements Assessment | $942,548 CAD |
| Land Assessment | $649,060 CAD | Total Assessment | $1,591,608 CAD |
PROPERTY TAXES
Parcel Number
276-000013132019
Land Assessment
$649,060 CAD
Improvements Assessment
$942,548 CAD
Total Assessment
$1,591,608 CAD
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4910 Washington Ave
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