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800 W Paradise Dr
West Bend, WI 53095

$2,190,000 USD

Restaurant For Sale  •  5,106 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,106 SF
  • Lot Size 2.49 AC
  • Building Class B
  • Year Built 2005
  • Tenancy Single
  • Zoning Business
0 Transit Score
54 Walk Score

Highlights

Corporate Absolute NNN Lease: Texas Roadhouse, Inc. (NYSE: TXRH, Market Cap $12 Billion) is the tenant and is responsible for all maintenance
Tenant Commitment to Location: Texas Roadhouse exercised its first 5-year renewal option in August 2020 (during the height of COVID-19)
Intrinsic Value – Below Replacement Cost: Priced below replacement cost, the offering costs less than purchasing land and construction
Large-Sized Parcel: ±2.49 acres (per LandVision and CoStar), significantly larger than most comparable free-standing net-leased restaurant properties
Excellent Retail Synergy: Outparcel to a Home Depot-anchored center at a signalized intersection entrance.
Strong Demographics & Traffic Counts: More than 90,000 people within a 10-mile radius with average household income exceeding $98,000/year.

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
General Mitchell International 57 min - 41.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 24
Type: Surface
Included in Rent: Yes
Cade Norland 949-662-2265 Matthews Real Estate Investment Services
Cade Norland 949-662-2265 Matthews Real Estate Investment Services