Drive-Through Raising Cane’s
New
For Sale
$3,000,000
226422 Rib Mountain Dr, Wausau, WI 54401
Planned quick-service restaurant with dual drive-through lanes and a new long-term triple-net ground lease.
Property Size2,913 SF
Price / SF$1,029
Days on Market2
Property Features for 226422 Rib Mountain Dr
General Information
Standard status
Active
Size
2,913 SF
Property subtype
Restaurant
Amenities
Brand New 20-Year Lease
10 Five-Year Renewal Options
Brand New Construction Opening September 2026 with Two Drive-Through Lanes
Located in the Main Commercial Corridor Anchored by National Tenants Including Five Guys, TJ Maxx, Best Buy, Michaels, Hobby Lobby, Ulta Beauty, Old Navy, Olive Garden, Kohl's, and Barnes & Noble
Corporate Lease to Raising Cane's Restaurants LLC
Triple-Net Ground Lease No Landlord Responsibilities
Building Details
Building Size
2,913 SF
Buildings
1
Listing Agency:
Marcus & Millichap - Chicago Downtown
Listed By:
Nicholas Kanich · License #License(s): IL: 475.147401
(312) 327-5422
Source:
Marcusmillichap
Added: Sep 2
Last Checked: Sep 2 at 2:12PM
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 Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
The offering comprises the fee-simple interest in a planned 2,913-square-foot Raising Cane’s Chicken Fingers restaurant at 226422 Rib Mountain Dr. Construction is scheduled for completion in September 2026, with two drive-through lanes incorporated into the building design. Raising Cane’s Restaurants LLC is slated to occupy the property under a 20-year triple-net ground lease, including 7.5% rent increases every five years during the initial term and 10 five-year renewal options.
The property is positioned within Wausau’s commercial corridor near national retailers and restaurants including Five Guys, TJ Maxx, Best Buy, Michaels, Hobby Lobby, Ulta Beauty, Old Navy, Olive Garden, Kohl’s, and Barnes & Noble. Central Wisconsin Airport in Mosinee is approximately 15 minutes away and provides nonstop service to Chicago O’Hare and Minneapolis. The site is located in Wausau, Wisconsin, within the Rib Mountain Drive retail area.
The property is positioned within Wausau’s commercial corridor near national retailers and restaurants including Five Guys, TJ Maxx, Best Buy, Michaels, Hobby Lobby, Ulta Beauty, Old Navy, Olive Garden, Kohl’s, and Barnes & Noble. Central Wisconsin Airport in Mosinee is approximately 15 minutes away and provides nonstop service to Chicago O’Hare and Minneapolis. The site is located in Wausau, Wisconsin, within the Rib Mountain Drive retail area.
Key Highlights
- 2,913‑square‑foot Raising Cane’s Chicken Fingers restaurant
- Two drive‑through lanes planned for the building
- 20‑year triple‑net ground lease with Raising Cane’s Restaurants LLC
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Explore this area
Business Placement
Demographics for 54401, WI
31,727
Population
14,230
Households
2.2
Avg Household Size
40
Median Age
31%
College-Educated
91%
High-School Grad
84.2 sq mi
ZIP Area
377
Density / Sq Mi
$69,542
Median Household Income
$40,796
Median Earnings
$969
Median Rent
$186,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Planned quick-service restaurant with dual drive-through lanes and a new long-term triple-net ground lease.
Where is this drive through restaurant located?
The property is located at 226422 Rib Mountain Dr Wausau, WI.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 2,913‑square‑foot Raising Cane’s Chicken Fingers restaurant; Two drive‑through lanes planned for the building; 20‑year triple‑net ground lease with Raising Cane’s Restaurants LLC
