2000 Freedom Rd, Little Chute, WI 54140

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.

Location Insight

City

Little Chute

County

Outagamie

State

Wisconsin

Longitude

-88.3122

Latitude

44.2945

CBSA code

11540

CBSA name

APPLETON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments