Arby's Absolute NNN
2821 Hendrickson Drive Eau Claire, WI 54701
2821 Hendrickson Drive, Eau Claire, WI, 54701
Contact for pricing
For Sale
Contact for pricing
Absolute NNN restaurant property leased to Arby's, available for sale.
Property Size3,414 SF
Price / SF$295.25
Days on Market80
Property Features for 2821 Hendrickson Drive
General Information
- Standard status
- Active
- Size
- 3,414 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1985
Listing agency
Brisky Net Lease
(612) 413-4200
Listed by
Brian Brisky · License #MN 40546562
Source
Crexi
Added: May 4 Updated: Jul 21 at 6:28PM Checked: Jul 21 at 6:28PM
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 Brisky Net Lease
Investment Insights
Based on property information with market context.
This for-sale absolute NNN restaurant property is currently leased to Arby's. The offering is presented as an absolute NNN structure.
Located at 2821 Hendrickson Drive in Eau Claire, Wisconsin (54701), the property is listed for $1,008,000 and includes 3,414 square feet of total space, as provided in the offering information.
Located at 2821 Hendrickson Drive in Eau Claire, Wisconsin (54701), the property is listed for $1,008,000 and includes 3,414 square feet of total space, as provided in the offering information.
Key Highlights
- Absolute NNN restaurant property leased to Arby’s
- Year built: 1985
Local 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 | $64.7k | $18.96 |
| − Vacancy | −$1.7k | −$0.49 |
| EGI | $63.0k | $18.47 |
| − OpEx | −$15.8k | −$4.62 |
| NOI | $47.3k | $13.85 |
3,414 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$675.5K
$591.1K – $788.1K
NOI $47,285 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$3.85M
$3.37M – $4.50M
NOI $269,713 @ 7.0% cap · market cap 26.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Arby's
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Absolute NNN restaurant property leased to Arby's, available for sale.
Where is this nnn property located?
The property is located at 2821 Hendrickson Drive Eau Claire, WI.
What is the asking price?
The asking price for this property is $1,008,000.
What are key features of this property?
This property features: Absolute NNN restaurant property leased to Arby’s; Year built: 1985
