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For Sale

Absolute Net Lease Popeyes | Janesville, WI

Asking Price: $3,060,000 | Cap Rate: 6%

  • Net Operating Income: $183,792
  • Weighted Avg. Lease Term (WALT): 20 Years
  • Lease Type: Absolute Net

Property Highlights

  • Newer construction with a new 20-year absolute net lease with zero landlord responsibilities
  • Very attractive rent escalations; 1.5% annually starting year 3
  • High growth area with several new developments surrounding the property
  • Shadow-anchored by Menards; Situated off Milton Avenue (36,500 VPD)