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929 S Main St
Fond Du Lac, WI 54935
Caribou Coffee "Cabin" | Fon du Lac, WI · Retail Property For Sale
Investment Highlights
- New Drive-Thru Small Format “Cabin” Concept.
- Property is located in the primary retail corridor of E Pioneer Rd and S Main St with over 11,200 VPD.
- Minnesota/Wisconsin has the highest concentration of Caribou locations nationally.
- Caribou Coffee signed a 10 year lease commencing in July of 2023, and has 7 years of term remaining.
- In the fall of 2021, Caribou Coffee merged with Panera Bread and Einstein Bros. Bagels to form Panera Brands.
- This location capitalizes on high traffic flow next to Interstate 41 with nearly 42,600 VPD by the subject property.
Executive Summary
This site is Caribou Coffee’s “Cabin” concept, featuring the new drive-up and walkup only format. Caribou has aggressively expanded its store count with multiple new “Cabin” locations throughout the Midwest.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
554 SF
Building Class
C
Year Built
2023
Price
$1,709,800 CAD
Price Per SF
$3,086.28 CAD
Cap Rate
7.04%
NOI
$120,370 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.26 AC
Parking
8 Spaces (14.44 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Property Taxes
| Parcel Number | FDL-15-17-22-42-259-02 | Improvements Assessment | $514,308 CAD |
| Land Assessment | $144,170 CAD | Total Assessment | $658,478 CAD |
Property Taxes
Parcel Number
FDL-15-17-22-42-259-02
Land Assessment
$144,170 CAD
Improvements Assessment
$514,308 CAD
Total Assessment
$658,478 CAD
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