3511 27Th StMilwaukee, WI 53221

This exceptional investment opportunity presents a 4,300-square-foot quick-service restaurant (QSR) building located at 3511 South 27th Street in Milwaukee, Wisconsin. The property is currently 100% occupied under a corporate NNN lease with Panera Bread, boasting a remaining lease term of 12 years with three five-year renewal options. The lease includes a 10% rent increase every five years, with the seller carrying forward the 2026 renewal rate upon closing. Built in 2020, this single-tenant property sits on a 0.72-acre lot and features a convenient drive-thru. The asking price is $3,300,000, representing a compelling price per square foot of $767.44 and a current cap rate of 5.40%, with a pro-forma cap rate of 5.45%. The property is zoned LB-1 and benefits from its strategic location approximately four miles south of downtown Milwaukee. This prime retail area is anchored by the significant Aurora St. Luke's Medical Center, a 931-bed facility, ensuring high visibility and consistent traffic flow. The surrounding demographics are equally impressive, with a 5-mile radius encompassing 384,953 residents and an average household income of $78,550. This combination of a strong tenant, favorable lease terms, and a desirable location makes this a truly exceptional net lease investment opportunity. The property's APN is 5530772000.