1083 Chippewa Xing Blvd Chippewa Falls, WI 54729
- Retail properties
- 2,279 SF
Current Use by Public Records
- Retail properties
Property Details for 1083 Chippewa Xing Blvd
- Year built
- 2024
- Property size
- 2,279 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a 2,279 square foot, free-standing Taco Bell building situated on a ground lease in Chippewa Falls, Wisconsin. The property, constructed in 2024, boasts a 25-year absolute NNN lease with a highly reputable franchisee, Pacific Bells, operating over 300 units. The lease includes a 10% rent increase every five years, ensuring consistent income growth. The property benefits from a 5.75% cap rate and a strong net operating income (NOI) of $121,520. Located within the thriving Chippewa Crossing retail development, alongside established anchors such as Festival Foods, Ford, Culver's, Caribou Coffee, and Kwik Trip, this location enjoys high visibility and traffic volume on WI-29 (22,500 vehicles per day). The surrounding area demonstrates strong demographics, with over 29,600 residents within a five-mile radius and an average household income exceeding $98,072. This is a turnkey investment with minimal landlord responsibilities, offering a secure and profitable return for years to come. The property's strategic location and the strength of the tenant combine to create a compelling investment opportunity with significant long-term potential. The asking price is $2,113,391. 100% occupancy ensures immediate cash flow. This is a rare opportunity to acquire a newly constructed, high-performing Taco Bell in a prime retail location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chippewa Falls
- County
- Chippewa
- State
- Wisconsin
- Longitude
- -91.3724
- Latitude
- 44.9215
