3849 Oakwood Mall Dr Eau Claire, WI 54701
- Commercial land
- 1.75 lot acres
Current Use by Public Records
- Chick-fil-A / Fast Food Restaurant / Breakfast Restaurant
Property Details for 3849 Oakwood Mall Dr
- Year built
- 2023
- Lot size
- 1.75 lot acres
- Zone code
- C3
- Property type
- Commercial land
- APN
- 15-4592- -000
- APU
- 154592000
Description
This exceptional investment opportunity presents a brand-new, 5,000 square foot Chick-fil-A restaurant located at 3849 S Oakwood Mall Dr, Eau Claire, WI 54701. The property sits on a 1.75-acre lot and boasts a prime location within a high-traffic area. Built in 2023, this Class A asset features a 15-year absolute NNN lease with a corporate guarantee and a credit-rated tenant, ensuring strong financial performance. The lease commenced June 9th, 2023, and expires November 30th, 2038, with eight 5-year renewal options at a 7.5% increase each period. The current annual net operating income (NOI) is $271,391, resulting in a compelling 4.31% cap rate and a price per square foot of $1,260. This single-tenant building offers exceptional stability and significant long-term growth potential. The property's strategic location makes it the only Chick-fil-A within an 80-mile radius, guaranteeing a substantial market share and consistent customer traffic. This is a rare opportunity to acquire a high-performing, investment-grade asset with a blue-chip tenant in a thriving market. The property's strong fundamentals and long-term lease structure make it an ideal addition to any diversified investment portfolio. Contact us to learn more about this exceptional offering.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Eau Claire
- County
- Eau Claire
- State
- Wisconsin
- Longitude
- -91.4377
- Latitude
- 44.7768
- CBSA code
- 20740
- CBSA name
- EAU CLAIRE, WI METROPOLITAN STATISTICAL AREA
