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1897 Velp Ave
Green Bay, WI 54303 Central Green Bay

$4,167,079 USD

Fast Food For Sale  •  2,542 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,452 SF
  • Lot Size 0.85 AC
  • Building Class C
  • Year Built 2006
  • Cap Rate 5.34 %
  • Tenancy Single
0 Transit Score
23 Walk Score

Highlights

Long-term 20-year sale leaseback with zero landlord responsibilities.
Healthy hedge against inflation with 2% annual rent increases.
Impressive rent coverage ratio (inquire for details).
Top 15% Taco Bell in the country, according to Placer.ai.
Strong sales performance with healthy rent-to-sales ratio (inquire for details).
Located directly off Hwy 41, a major north-south highway that runs from the Illinois-Wisconsin border up to northern Michigan (225 miles)
Cap Rate: 5.34 %

Major Tenants

Tenant SF Occupied Lease End Date
Taco Bell 2,452 SF

Amenities

  • Corner Lot
  • Freeway Visibility
  • Signage
  • Drive Thru
  • Wheelchair Accessible
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Green Bay/Austin Straubel International 13 min - 8.3 mi
Jordan Mulloy 512-768-0380 Sands Investment Group Austin, LLC
Jordan Mulloy 512-768-0380 Sands Investment Group Austin, LLC