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Fast Food Restaurant Property
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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 Market62

Property Features for 835 15th Avenue

General Information

Standard status Active
Size 3,500 SF
Property subtype Retail

Building Details

Year Built 2013
Listing Agency: Bang Realty
Listed By: Brian Brockman · License #701472
Source: Crexi
Added: Jun 5 Changed: Jul 10 Last Checked: Aug 5 at 11:11AM

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

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.

Key Highlights

  • Restaurant property built in 2013
  • Sized for quick‑service concepts under a widely franchised brand

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 $67.2k $19.20
− Vacancy −$2.4k −$0.69
EGI $64.8k $18.51
− OpEx −$16.2k −$4.63
NOI $48.6k $13.88
3,500 SF · lease $19.20/SF/yr · vacancy 3.60% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$694.1K
$607.3K – $809.8K (±1% cap)
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 (±1% cap)
NOI $58,918 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

McDonald's Restaurant

Suggested Use

Top Pick Real Estate Agency Pharmacy Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Barber Shop Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

320
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 58% Shops & Services 31% Groceries 11%
McDonald's Dining
14,143 visits/mo 0.4 miles
BP Shops & Services
5,167 visits/mo 0.4 miles
Liquor Mart Groceries
3,133 visits/mo 0.3 miles
Parkside Cafe Dining
1,724 visits/mo 0.1 miles
Napa Auto Parts Shops & Services
1,332 visits/mo 0.4 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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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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
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