Listing Agency: Marcus & Millichap - Denver

Listed By: Brian Bailey · License #CO FA.100065515

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 12:16AM

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Investment Insights

Based on property information with market context.

This Arby’s property is structured as a brand-backed sale-leaseback with a new 20-year absolute NNN lease. Operations are handled by AES Restaurants, providing an established restaurant platform for the asset.

The restaurant occupies the signalized corner of Miller Park Way and W Mitchell St, a location reporting 32K VPD. The site is positioned alongside national retail names including Target, Walmart, Menards, AutoZone, and IHOP, creating a retail-oriented commercial setting for the drive-through restaurant.

Key Highlights

• New 20‑year absolute NNN sale‑leaseback
• Arby’s restaurant operated by AES Restaurants
• Signalized corner at Miller Park Way and W Mitchell St

Property Analytics

Property Profile

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Skin Care Clinic

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

32,000 VPD

Traffic count

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

1,317

Businesses Nearby

Explore this area Business Placement

Demographics for 53214, WI

34,297

Population

17,530

Households

2

Avg Household Size

37

Median Age

28%

College-Educated

93%

High-School Grad

7.1 sq mi

ZIP Area

4,831

Density / Sq Mi

$62,712

Median Household Income

$46,304

Median Earnings

$999

Median Rent

$178,600

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?

Drive through restaurant - Branded restaurant backed by a new absolute NNN sale-leaseback with a 20-year lease term.

Where is this drive through restaurant located?

The property is located at 1661 Miller Park Way West Milwaukee, WI.

What are key features of this property?

This property features: New 20‑year absolute NNN sale‑leaseback; Arby’s restaurant operated by AES Restaurants; Signalized corner at Miller Park Way and W Mitchell St