Pizza Hut Quick-Service
New
For Sale
Contact for pricing
11888 Velp Avenue, Suamico, WI 54313
Built in 2022 and occupied under an Absolute Net Lease through March 31, 2038.
Property Size1,327 SF
Price / SF$933.93
Days on Market7
Property Features for 11888 Velp Avenue
General Information
Standard status
Active
Size
1,327 SF
Total Parking Spaces
19
Property subtype
Retail
Zoning
G2-Commercial
Occupancy
100%
Lease Type
Absolute NNN
Investment Type
Net Lease
Net Operating Income
$83,654
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2022
Buildings
1
Tenancy
Single
Listing Agency:
Cushman & Wakefield | Boerke
(414) 347-1000
Listed By:
Heather Dorfler · License #89977-94
Source:
Crexi
Added: Jul 30
Changed: Aug 5
Last Checked: Aug 5 at 5:10AM
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 Cushman & Wakefield | Boerke
Investment Insights
Based on property information with market context.
Completed in 2022, this 1,327-square-foot Pizza Hut is configured as a quick-service restaurant and is situated at 11888 Velp Avenue. The property is zoned G2-Commercial and is occupied by PH Hospitality Group, LLC under an Absolute Net Lease. The lease remains in place through March 31, 2038, with 1.5% annual increases during the initial term and three five-year renewal options.
The restaurant fronts the Velp Avenue corridor in Suamico, Wisconsin, near Interstate 41 and within the Green Bay MSA. Its setting is described as part of the Howard/Suamico trade area, where residential and commercial development is continuing. The property combines a recently completed building, an established Pizza Hut operation, and a lease structure that assigns landlord responsibilities to the tenant.
The restaurant fronts the Velp Avenue corridor in Suamico, Wisconsin, near Interstate 41 and within the Green Bay MSA. Its setting is described as part of the Howard/Suamico trade area, where residential and commercial development is continuing. The property combines a recently completed building, an established Pizza Hut operation, and a lease structure that assigns landlord responsibilities to the tenant.
Key Highlights
- 1,327‑square‑foot quick‑service restaurant completed in 2022
- 100% leased to PH Hospitality Group, LLC
- Absolute Net Lease extends through March 31, 2038
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
26k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 43%
Burger King
Dining
13,407 visits/mo
0.4 miles
Citgo
Shops & Services
8,933 visits/mo
0.4 miles
Associated Bank
Shops & Services
2,456 visits/mo
0.5 miles
SUBWAY
Dining
1,611 visits/mo
0.0 miles
Demographics for 54313, WI
39,911
Population
16,162
Households
2.5
Avg Household Size
43
Median Age
43%
College-Educated
97%
High-School Grad
56.5 sq mi
ZIP Area
706
Density / Sq Mi
$108,410
Median Household Income
$55,255
Median Earnings
$1,088
Median Rent
$294,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Built in 2022 and occupied under an Absolute Net Lease through March 31, 2038.
Where is this conventional restaurant located?
The property is located at 11888 Velp Avenue Suamico, WI.
What is the asking price?
The asking price for this property is $1,239,322.
What are key features of this property?
This property features: 1,327‑square‑foot quick‑service restaurant completed in 2022; 100% leased to PH Hospitality Group, LLC; Absolute Net Lease extends through March 31, 2038
