Fast Food Restaurant
For Sale
Contact for pricing
835 15th Avenue, Union Grove, WI 53182
Restaurant property for sale in Union Grove, sized for quick-service concepts under a widely franchised brand.
Property Size3,500 SF
Price / SF$342.86
Days on Market153
Property Features for 835 15th Avenue
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Retail
Investment Type
Net Lease
Net Operating Income
$51,198
Building Details
Year Built
2013
Tenancy
Single
Listing Agency:
Bang Realty
Listed By:
Brian Brockman · License #701472
(859) 581-1113
Source:
Crexi
Added: Jun 5
Changed: Nov 3
Last Checked: Nov 3 at 5:54AM
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 Bang Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering is a conventional restaurant property presented for sale, with an indicated size of 3,500 square feet. It is positioned to support a quick-service operating model associated with the McDonald’s brand framework.
The property is located at 835 15th Avenue in Union Grove, Wisconsin. The listing materials focus on the McDonald’s organization and franchising approach, including that the majority of restaurants worldwide are owned and operated by independent local business owners.
For buyers or operators evaluating a fast-food concept tied to the McDonald’s brand, the materials highlight a broad, repeatable menu mix, including core categories such as burgers, chicken items, fries, and beverages, along with additional options like breakfast items and fruit and salad offerings. This structure can help support streamlined ordering and multiple dayparts, aligning with the quick-service format that typically benefits from standardized operations.
The property is located at 835 15th Avenue in Union Grove, Wisconsin. The listing materials focus on the McDonald’s organization and franchising approach, including that the majority of restaurants worldwide are owned and operated by independent local business owners.
For buyers or operators evaluating a fast-food concept tied to the McDonald’s brand, the materials highlight a broad, repeatable menu mix, including core categories such as burgers, chicken items, fries, and beverages, along with additional options like breakfast items and fruit and salad offerings. This structure can help support streamlined ordering and multiple dayparts, aligning with the quick-service format that typically benefits from standardized operations.
Key Highlights
- Restaurant property built in 2013
- Sized for quick‑service concepts under a widely franchised brand
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,586
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,720
$971.7K
Cap Rate 7%
$694,086
$694.1K
Cap Rate 9%
$539,844
$539.8K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$67.2K $19.20/SF
− Vacancy
−$2.4K −$0.69/SF
EGI
$64.8K $18.51/SF
− OpEx
−$16.2K −$4.63/SF
NOI
$48.6K $13.88/SF
Area
Racine County, WI
Vacancy
3.60%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,720
Cap Rate 7%
$694,086
Cap Rate 9%
$539,844
Alternative Uses
Best Use
Specialty Retail
$694.1K
$607.3K – $809.8K
NOI $48,586 @ 7.0% cap · market cap 4.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$841.7K
$736.5K – $982.0K
NOI $58,918 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 31%
Groceries 11%
McDonald's
Dining
14,143 visits/mo
0.1 miles
BP
Shops & Services
5,167 visits/mo
0.2 miles
Liquor Mart
Groceries
3,133 visits/mo
0.2 miles
Parkside Cafe
Dining
1,724 visits/mo
0.4 miles
Napa Auto Parts
Shops & Services
1,332 visits/mo
0.1 miles
Demographics for 53182, WI
9,422
Population
3,471
Households
2.7
Avg Household Size
44
Median Age
27%
College-Educated
92%
High-School Grad
55.3 sq mi
ZIP Area
170
Density / Sq Mi
$93,175
Median Household Income
$53,210
Median Earnings
$1,067
Median Rent
$305,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property for sale in Union Grove, sized for quick-service concepts under a widely franchised brand.
Where is this conventional restaurant located?
The property is located at 835 15th Avenue Union Grove, WI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Restaurant property built in 2013; Sized for quick‑service concepts under a widely franchised brand
