Burger King NNN Property For Sale — Wausau, WI
300 6th Street, Wausau, WI 54403
This Burger King property was extensively renovated in 2007 after a fire, with a $600,000 remodel. It features 4,388 square feet with seating for 85 and a drive-thru, situated on a 25,548 square foot lot with excellent visibility and three-sided street access. A new 20-year absolute NNN lease will commence upon sale, with 5% rent increases every 5 years and no landlord obligations. The property is strategically located near the Wausau Bus Depot, a major transit hub, and is the closest quick-service restaurant to it. It is also in close proximity to the Wausau Center mall, the Wausau Court House, and municipal buildings, benefiting from high foot traffic and a strong neighboring commercial presence.
- Address: 300 6th Street, Wausau, WI 54403
- Asking price $1.49M
- 6.70% cap rate
- NOI $102,000
- 20 years remaining
- NNN lease
- Year built: 2007
- Building size: 4,388 SF
- Lot size: 0.59 acres
- Rent increases: 5% every 5 years
- Guarantor: Corporate
Location
This Burger King property is at 300 6th Street in Wausau, Wisconsin.
Asset type: Quick Service Restaurant (QSR)