Berlin, WI - Taco Bell
$2,194,000
113 North Brooklyn St, Berlin, WI 54923
For Sale
Retail
Active
Last Updated: 09/06/2024
6
Cap Rate
131,658
NOI
Details:
Cap Rate: 6%
NOI: $131,658
Building Size: 2,400 sqft
Description:
• Brand new 20-year lease commencing at the close escrow
• Features 10% rental increases every 5 years throughout the initial term and at the beginning of each option, growing NOI and hedging against inflation
• Pacific Bells Franchisee Guarantee (250+ Units)
• Located adjacent State Highway 49, a major north/south traveling thoroughfare averaging 11,400 vehicles passing by daily
• Less than two miles west of the Outlets at Orange with major tenants including the Nike Factory Store, Levi’s Outlet, Nordstrom Rack and more
• Strong tenant synergy promotes crossover shopping to the subject property
Location

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