3849 Oakwood Mall DrEau Claire, WI 54701

For Sale
$6,300,000

High-Yield QSR Net Lease Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a brand-new, 5,000 square foot Chick-fil-A restaurant located at 3849 S Oakwood Mall Dr, Eau Claire, WI 54701. The property sits on a 1.75-acre lot and boasts a prime location within a high-traffic area. Built in 2023, this Class A asset features a 15-year absolute NNN lease with a corporate guarantee and a credit-rated tenant, ensuring strong financial performance. The lease commenced June 9th, 2023, and expires November 30th, 2038, with eight 5-year renewal options at a 7.5% increase each period. The current annual net operating income (NOI) is $271,391, resulting in a compelling 4.31% cap rate and a price per square foot of $1,260. This single-tenant building offers exceptional stability and significant long-term growth potential. The property's strategic location makes it the only Chick-fil-A within an 80-mile radius, guaranteeing a substantial market share and consistent customer traffic. This is a rare opportunity to acquire a high-performing, investment-grade asset with a blue-chip tenant in a thriving market. The property's strong fundamentals and long-term lease structure make it an ideal addition to any diversified investment portfolio. Contact us to learn more about this exceptional offering.

Highlights

  • Brand-new, 5,000 SF Chick-fil-A in high-traffic Eau Claire, WI location.
  • 1.75-acre lot, built in 2023.
  • 15-year absolute NNN lease with corporate guarantee from a credit-rated tenant; lease commenced June 9, 2023.
  • Eight 5-year renewal options at 7.5% rent increases.
  • $271,391 annual NOI, 4.31% cap rate, $1,260/SF price.

Property Details for 3849 Oakwood Mall Dr

Property type
Other retail properties, Restaurants
Square Feet
5,000 SF
Class
A
Year Built
2023
Buildings
1
Stories
1
Lot Size (sq. ft)
76,230 SF

Location Insight

City
Eau Claire
County
Eau Claire
State
Wisconsin
Latitude
44.776781
Longitude
-91.437686
3849 Oakwood Mall Dr, Eau Claire, Wisconsin

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3849 Oakwood Mall Dr
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