Freestanding Arby's Net
1900 Silvernail Road Waukesha, WI 53186
For Sale
$1,510,000
Freestanding Arby’s on an outlot with a 9.3-year net lease sold as a 100% simple interest.
Property Size4,141 SF
Price / SF$364.65
Days on Market108
Property Features for 1900 Silvernail Road
General Information
- Standard status
- Active
- Size
- 4,141 SF
Listing Agency:
Mid-America Real Estate
(630) 954-7398
Listed By:
George Ghattas · License #475135588
Source:
Midamericagrp
Added: Apr 7
Changed: Jul 23
Last Checked: Jul 23 at 7:12AM
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 Mid-America Real Estate
Investment Insights
Based on property information with market context.
The offering is a freestanding Arby’s restaurant comprising 4,141 square feet, being sold as a 100% simple interest. The property features a 9.3-year net lease.
The site is located at the southeast corner of Silvernail Plaza, off N Grandview Boulevard in Waukesha, Wisconsin, positioned as an outlot to a lineup of desirable tenants.
This purchase presents a single-asset, income-oriented opportunity centered on a dedicated restaurant footprint within a developed retail setting.
The site is located at the southeast corner of Silvernail Plaza, off N Grandview Boulevard in Waukesha, Wisconsin, positioned as an outlot to a lineup of desirable tenants.
This purchase presents a single-asset, income-oriented opportunity centered on a dedicated restaurant footprint within a developed retail setting.
Key Highlights
- 4,141 SF freestanding Arby’s on the southeast corner of Silvernail Plaza off N Grandview Boulevard, Waukesha, WI
- Offered for sale as 100% simple interest
- 9.3‑year net lease
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 | $124.2k | $30.00 |
| − Vacancy | −$4.5k | −$1.08 |
| EGI | $119.8k | $28.92 |
| − OpEx | −$29.9k | −$7.23 |
| NOI | $89.8k | $21.69 |
4,141 SF · lease $30.00/SF/yr · vacancy 3.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.28M
$1.12M – $1.50M
NOI $89,818 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$2.11M
$1.85M – $2.47M
NOI $147,941 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - Freestanding Arby’s on an outlot with a 9.3-year net lease sold as a 100% simple interest.
Where is this conventional restaurant located?
The property is located at 1900 Silvernail Road Waukesha, WI.
What is the asking price?
The asking price for this property is $1,510,000.
What are key features of this property?
This property features: 4,141 SF freestanding Arby’s on the southeast corner of Silvernail Plaza off N Grandview Boulevard, Waukesha, WI; Offered for sale as 100% simple interest; 9.3‑year net lease
