Portillo's Absolute NNN
For Sale
Contact for pricing
17685 W Bluemound Rd, Brookfield, WI 53045
A corporate-guaranteed lease runs through July 2036 with tenant responsibility for property expenses.
Property Size9,020 SF
Lot Size2.37 Acres
Days on Market142
Property Features for 17685 W Bluemound Rd
General Information
Standard status
Active
Size
9,020 SF
Lot size
2.37 Acres
Property subtype
Retail
Net Operating Income
$276,000
Additional Details
Cap Rate
5.75%
Traffic Count
36,100 vehicles/day
Listing Agency:
Cushman & Wakefield - Phoenix, Arizona
(602) 224-4475
Listed By:
Chris Hollenbeck · License #SA584876000
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 31 at 1:49AM
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 - Phoenix, Arizona
Investment Insights
Based on property information with market context.
This NNN property includes an approximately 9,020-square-foot Portillo's building on approximately 2.37 acres. The corporate-guaranteed absolute NNN ground lease continues through July 2036, with approximately 11.5 years remaining on the primary term. The offering carries a 5.75% cap rate, providing a defined lease structure for evaluation.
Located at 17685 W Bluemound Rd in Brookfield, Wisconsin, the property fronts Highway 18 and is reported to capture approximately 36,100 vehicles daily. It neighbors the Brookfield Lakes Corporate Center and sits within a community with an average household income of $171,155. The site combines a nationally recognized restaurant operation, a long-term lease term, and an established corporate-center setting.
Located at 17685 W Bluemound Rd in Brookfield, Wisconsin, the property fronts Highway 18 and is reported to capture approximately 36,100 vehicles daily. It neighbors the Brookfield Lakes Corporate Center and sits within a community with an average household income of $171,155. The site combines a nationally recognized restaurant operation, a long-term lease term, and an established corporate-center setting.
Key Highlights
- Portillo's building measures approximately 9,020 SF on approximately 2.37 acres
- Corporate‑guaranteed absolute NNN ground lease extends through July 2036
- Approximately 11.5 years remain on the primary lease term
Property Analytics
Property Profile
Current Use
Lease Details
36,100 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
954
Businesses Nearby
577k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 38%
Dining 22%
Shops & Services 19%
Groceries 18%
DICK'S Sporting Goods
Apparel
59,097 visits/mo
0.1 miles
Metro Market
Groceries
47,094 visits/mo
0.2 miles
T.J. Maxx
Apparel
45,335 visits/mo
0.2 miles
Total Wine & More
Groceries
40,689 visits/mo
0.3 miles
Hobby Lobby
Shops & Services
38,675 visits/mo
0.4 miles
Demographics for 53045, WI
23,651
Population
10,061
Households
2.4
Avg Household Size
45
Median Age
62%
College-Educated
98%
High-School Grad
14.4 sq mi
ZIP Area
1,642
Density / Sq Mi
$116,541
Median Household Income
$62,417
Median Earnings
$1,867
Median Rent
$443,500
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?
NNN property - A corporate-guaranteed lease runs through July 2036 with tenant responsibility for property expenses.
Where is this nnn property located?
The property is located at 17685 W Bluemound Rd Brookfield, WI.
What are key features of this property?
This property features: Portillo's building measures approximately 9,020 SF on approximately 2.37 acres; Corporate‑guaranteed absolute NNN ground lease extends through July 2036; Approximately 11.5 years remain on the primary lease term
