Drive-Thru Restaurant Outlot
102 Frances Ln Beaver Dam, WI 53916
For Sale
Contact for pricing
Drive-thru restaurant outlot with dual windows and existing restaurant infrastructure on a Walmart outlot.
Property Size3,564 SF
Price / SF$350.73
Days on Market229
Property Features for 102 Frances Ln
General Information
Standard status
Active
Size
3,564 SF
Property subtype
RETAIL
Listing Agency:
Founders 3 Real Estate Services-Retail
(414) 249-2213
Listed By:
Tom Bruss · License #9442832
(414) 271-1111
Source:
Moodyscre
Added: Dec 12, 2025
Changed: Jul 29
Last Checked: Jul 29 at 3:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Founders 3 Real Estate Services-Retail
Investment Insights
Based on property information with market context.
This drive-thru restaurant outlot was formerly operated as a Wendy’s and is available for sale or lease. The property includes a drive-thru with dual windows and existing restaurant infrastructure to support quick restaurant operations.
Located at 102 Frances Ln in Beaver Dam, WI, the site is part of a Walmart outlot. Retail nearby includes Walmart, Menards, Tidal Wave, Arby’s, Burger King, Starbucks, Dollar Tree, and Maurices.
The building totals 3,564 SF, offering a compact footprint for a restaurant concept that benefits from drive-thru service and established infrastructure.
Located at 102 Frances Ln in Beaver Dam, WI, the site is part of a Walmart outlot. Retail nearby includes Walmart, Menards, Tidal Wave, Arby’s, Burger King, Starbucks, Dollar Tree, and Maurices.
The building totals 3,564 SF, offering a compact footprint for a restaurant concept that benefits from drive-thru service and established infrastructure.
Key Highlights
- 3,564 SF drive‑thru restaurant outlot
- Drive‑thru with dual windows
- Existing restaurant infrastructure in place
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.6k | $18.96 |
| − Vacancy | −$2.7k | −$0.76 |
| EGI | $64.9k | $18.20 |
| − OpEx | −$16.2k | −$4.55 |
| NOI | $48.7k | $13.65 |
3,564 SF · lease $18.96/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$695.0K
$608.2K – $810.9K
NOI $48,653 @ 7.0% cap · market cap 3.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$774.2K
$677.5K – $903.3K
NOI $54,196 @ 7.0% cap · market cap 4.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Drive-thru restaurant outlot with dual windows and existing restaurant infrastructure on a Walmart outlot.
Where is this drive through restaurant located?
The property is located at 102 Frances Ln Beaver Dam, WI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 3,564 SF drive‑thru restaurant outlot; Drive‑thru with dual windows; Existing restaurant infrastructure in place
