Dave's Hot Chicken - Appleton

Highlights:

• NNN Lease with rent growth: Initial lease term with 10% rent increases every 5 years, including four (4) renewal options.
• Situated along West Wisconsin Avenue, directly across from Meijer and shadow-anchored by Fox River Mall, which sees 7.2M+ visits annually.
• Immediate access to Appleton’s most active shopping, dining, and entertainment destination; dense retail synergy.
• Zero Competing Dave’s Hot Chicken Locations Nearby

Description:

Brand new 2025 Dave’s Hot Chicken located in Appleton, WI under a 10-year NNN lease with minimal landlord responsibilities. The lease features 10% rent increases every 5 years, including each of the four 5-year renewal options, offering consistent long-term rent growth.

The property is positioned along West Wisconsin Avenue, just off I-41 (70,400 VPD) in the heart of Appleton’s primary retail corridor, directly across from Meijer and near Menards, Target, Starbucks, Chick-fil-A, and Fox River Mall, which draws over 7.2 million visits annually.

This is the only Dave’s Hot Chicken within a 25-mile radius, well-positioned to serve the broader Fox Cities area. Dave’s Hot Chicken is among the fastest-growing fast-casual chains in the U.S.

Offered at a 6.25% cap rate with $111,600 Year 1 NOI, this offering presents a high-visibility, low-management opportunity in a thriving Midwest market.

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