AJ O'Brady's Irish Pub & Grill Absolute NNN/2.5% Rent Bumps
- N88W16495 Main St., Menomonee Falls, WI
Price
$1,222,600
Cap Rate
7.0%
GLA
4,764 SF
Lot Size
0.25 AC
Year Built
1910/2017
Tenant
A.J. O'Brady’s
Lease Type
Absolute NNN
Lease Term Remaining
7
LISTING BROKER
Brandon Hakimi
Director of Investment Sales
Investment Highlights
- Single Tenant Absolute NNN Lease – No Landlord Responsibilities
- 2.5% Annual Rent Increases throughout lease term
- Large rear Parking Lot (18-20 spaces) with an adjacent Municipal Parking Lot
- New Façade Summer 2017, New Roof Fall 2017, New Kitchen Flooring Summer 2018, New HVAC Summer 2018
- Established Irish Pub/Sports Bar with Restaurant
- Hard Corner Location Providing Great Visibility
- Located across the street from Newly Built Luxury Apartment Building
- Located within Historic Village Centre
- Within 12-13 mile radius of Milwaukee Area Technical College, Medical College of Wisconsin, Waukesha County Technical College
- Located in an intimate visually stunning community where walkability and sociability are part of the plan – a people-friendly new village neighborhood
- Favorable Demographics in the Menomonee Falls Market with tremendous residential construction ongoing