For Sale
$2,113,391

1083 Chippewa Xing Blvd Chippewa Falls, WI 54729

High-yield Taco Bell ground lease, strong tenant.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional investment opportunity presents a 2,279 square foot, free-standing Taco Bell building situated on a ground lease in Chippewa Falls, Wisconsin. The property, constructed in 2024, boasts a 25-year absolute NNN lease with a highly reputable franchisee, Pacific Bells, operating over 300 units. The lease includes a 10% rent increase every five years, ensuring consistent income growth. The property benefits from a 5.75% cap rate and a strong net operating income (NOI) of $121,520. Located within the thriving Chippewa Crossing retail development, alongside established anchors such as Festival Foods, Ford, Culver's, Caribou Coffee, and Kwik Trip, this location enjoys high visibility and traffic volume on WI-29 (22,500 vehicles per day). The surrounding area demonstrates strong demographics, with over 29,600 residents within a five-mile radius and an average household income exceeding $98,072. This is a turnkey investment with minimal landlord responsibilities, offering a secure and profitable return for years to come. The property's strategic location and the strength of the tenant combine to create a compelling investment opportunity with significant long-term potential. The asking price is $2,113,391. 100% occupancy ensures immediate cash flow. This is a rare opportunity to acquire a newly constructed, high-performing Taco Bell in a prime retail location.

Highlights

  • New 2024 construction.
  • Absolute NNN ground lease; no landlord responsibilities.
  • 25-year lease with 10% rent increases every five years; five 5-year options.
  • Lease guaranteed by Pacific Bells, a franchisee operating over 300 Taco Bell locations.
  • Located in the Chippewa Crossing retail development with Festival Foods, Ford, Culver's, Caribou Coffee, and Kwik Trip.
  • High-traffic location near WI-29 (22,500 VPD).

Property Details for 1083 Chippewa Xing Blvd

Property type
Retail properties
Square Feet
2,279 SF
Year Built
2024

Location Insight

City
Chippewa Falls
County
Chippewa
State
Wisconsin
Latitude
44.9214917
Longitude
-91.3723657

FAQs

What type of property is this?
Retail property - High-yield Taco Bell ground lease, strong tenant.
Where is the retail property located?
The property is located at 1083 Chippewa Xing Blvd Chippewa Falls, WI.
What is the asking price?
The asking price for this property is $2,113,391.
What are key features of this property?
This property features: New 2024 construction.; Absolute NNN ground lease; no landlord responsibilities.; 25-year lease with 10% rent increases every five years; five 5-year options.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1083 Chippewa Xing Blvd
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