2000 Freedom Rd Little Chute, WI 54140
- Commercial real estate
- 2.50 lot acres
Current Use by Public Records
- Starbucks / Coffee Shop / Breakfast Restaurant
Property Details for 2000 Freedom Rd
- Lot size
- 2.50 lot acres
- Property type
- Commercial real estate
- APN
- 26-0-2912-01
- APU
- 260291201
Description
This exceptional investment opportunity presents a 2,460-square-foot Starbucks located in Little Chute, Wisconsin, at 2000 Freedom Rd, 54140. Built in 2022, this single-tenant property sits on a 1.41-acre lot and boasts a 15-year NNN lease (with 14 years remaining), offering minimal landlord responsibilities. The lease includes built-in rent increases starting in year 10 and continuing through each option period, ensuring consistent income growth. The property enjoys exceptional visibility and accessibility, situated at a signalized intersection with high daily traffic volume (Freedom Road at 9,000 vehicles per day) and direct access from Interstate 41 (Exit 146), a major highway with 56,400 vehicles daily. This prime location benefits from a strong demographic profile, serving a population of 101,728 within a 5-mile radius, with an average household income of $103,848 and projected 2.8% household growth from 2023 to 2028. The asking price is $1,968,000, representing a 6.00% cap rate and a NOI of $118,080. The property offers two primary access points, enhancing convenience for customers. This is a secure, high-performing investment with significant long-term potential. The property's strategic location and the strength of the Starbucks brand combine to create a compelling investment opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $515,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $390,000
- 6.5%
- $395,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $415,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $400,000
- Retail
- $420,000
- Mixed-Use
- $430,000
- Hospitality
- $495,000
- Educational
- $385,000
- Residential Income
- $475,000
- Energy
- $445,000
- Income-Based Land
- $455,000
- Food Service
- $425,000
Location Insight
- Map
- Local Demand
- City
- Little Chute
- County
- Outagamie
- State
- Wisconsin
- Longitude
- -88.3122
- Latitude
- 44.2945
- CBSA code
- 11540
- CBSA name
- APPLETON, WI METROPOLITAN STATISTICAL AREA