Freestanding Pizza
For Sale
Contact for pricing
3131 South Kinnickinnic Avenue, Milwaukee, WI 53207
Absolute NNN lease structure places landlord responsibilities with the tenant under a newly executed long-term lease.
Property Size1,710 SF
Price / SF$842.11
Days on Market141
Property Features for 3131 South Kinnickinnic Avenue
General Information
Standard status
Active
Size
1,710 SF
Total Parking Spaces
27
Property subtype
Retail
Zoning
LB-2
Investment Type
Owner/User
Site & Location
Pylon Signage
Yes
Traffic Count
23,300 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1977
Year Renovated
2019
Buildings
1
Stories
1
Listing Agency:
Cushman & Wakefield | Boerke
(480) 221-4221
Listed By:
Dave Ferron · License #WI 57683-90
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: May 27 at 8:40AM
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 | Boerke
Investment Insights
Based on property information with market context.
This freestanding Pizza Hut property conveys the land and building together and is occupied under an absolute NNN lease. EYM Pizza of Wisconsin, LLC, a 38-unit operator, has entered into a new 15-year lease with three additional five-year extension options. Contractual rent increases of 10% occur at five-year intervals during the initial term and when each option begins, while the lease assigns zero landlord responsibilities.
The restaurant is positioned at 3131 S Kinnickinnic Ave near the signalized junction with E Oklahoma Ave in Milwaukee. The site includes multiple access points, substantial street frontage, and a large pylon sign. It is also near the State Highway 794 on/off ramps, linking surrounding neighborhoods with downtown Milwaukee. Daily traffic is reported at 23,300 vehicles on the local intersection and 42,500 VPD on State Highway 794. The nearest Pizza Hut is over 2.80 miles away.
The restaurant is positioned at 3131 S Kinnickinnic Ave near the signalized junction with E Oklahoma Ave in Milwaukee. The site includes multiple access points, substantial street frontage, and a large pylon sign. It is also near the State Highway 794 on/off ramps, linking surrounding neighborhoods with downtown Milwaukee. Daily traffic is reported at 23,300 vehicles on the local intersection and 42,500 VPD on State Highway 794. The nearest Pizza Hut is over 2.80 miles away.
Key Highlights
- New 15‑year lease with 3 (5‑year) extension options
- Absolute NNN structure with zero landlord responsibilities
- 10% rental increases every 5 years during the initial term and at each option period
Property Analytics
Current Use
Lease Details
23,300 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53207, WI
34,292
Population
17,278
Households
2
Avg Household Size
37
Median Age
45%
College-Educated
94%
High-School Grad
10.0 sq mi
ZIP Area
3,429
Density / Sq Mi
$79,576
Median Household Income
$53,886
Median Earnings
$1,145
Median Rent
$228,500
Median Home Value
Market
Vacancy Rate% for Retail in Milwaukee, WI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Absolute NNN lease structure places landlord responsibilities with the tenant under a newly executed long-term lease.
Where is this conventional restaurant located?
The property is located at 3131 South Kinnickinnic Avenue Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,440,000.
What are key features of this property?
This property features: New 15‑year lease with 3 (5‑year) extension options; Absolute NNN structure with zero landlord responsibilities; 10% rental increases every 5 years during the initial term and at each option period
