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Absolute Net McDonald’s Ground Lease
For Sale
Contact for pricing
Pending

1383 Capitol Dr, Pewaukee, WI 53072

McDonald’s occupies an outparcel within a 600,000-SF shopping center anchored by Costco, Walmart, Menards, and Pick ’n Save.

Property SizeContact for details
Days on Market141

Property Features for 1383 Capitol Dr

General Information

Standard status Pending
Property subtype Retail

Additional Details

Highway Access Yes
Listing Agency: CBRE - Milwaukee
Listed By: Peter Langhoff · License #WI 54388-90
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 5:03PM

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 CBRE - Milwaukee

Investment Insights

Based on property information with market context.

The offering includes fee interest in an absolute net ground lease occupied by McDonald’s. The property is positioned as an outparcel within Meadow Creek Market, a shopping center totaling more than 600,000 SF. Major center anchors include Costco, Walmart, Menards, and Pick ’n Save (Kroger).

The site is located at 1383 Capitol Dr in Pewaukee, Wisconsin, approximately 1 mile from WI-16. Reported traffic counts are 26,700 vehicles on Capitol Drive and 23,900 vehicles along Pewaukee Road, also designated State Highway 164. The property is situated near established housing stock in a western suburb of Milwaukee.

Key Highlights

  • Absolute net McDonald’s ground lease
  • Fee interest in an occupied restaurant ground lease
  • Outparcel within Meadow Creek Market

Property Analytics

Current Use

McDonald's Restaurant

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Storage Facility Big Box & Wholesale Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

587
Businesses Nearby
541k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 36% Dining 26% Shops & Services 15% Groceries 11%
Costco Wholesale Superstores
117,535 visits/mo 0.4 miles
Walmart Superstores
75,168 visits/mo 0.3 miles
Menards Home Improvements & Furnishings
41,351 visits/mo 0.2 miles
Costco Gasoline Shops & Services
36,908 visits/mo 0.4 miles
Pick 'n Save Groceries
36,039 visits/mo 0.1 miles

Demographics for 53072, WI

26,687
Population
12,594
Households
2.1
Avg Household Size
45
Median Age
53%
College-Educated
98%
High-School Grad
29.8 sq mi
ZIP Area
896
Density / Sq Mi
$97,434
Median Household Income
$61,762
Median Earnings
$1,352
Median Rent
$424,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - McDonald’s occupies an outparcel within a 600,000-SF shopping center anchored by Costco, Walmart, Menards, and Pick ’n Save.
Where is this nnn property located?
The property is located at 1383 Capitol Dr Pewaukee, WI.
What are key features of this property?
This property features: Absolute net McDonald’s ground lease; Fee interest in an occupied restaurant ground lease; Outparcel within Meadow Creek Market
More about this property
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