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5,400 SF Turn-Key Restaurant 4311 8th St 5,400 SF of Retail Space Available in Wisconsin Rapids, WI 54494
HIGHLIGHTS
- Turn-Key restaurant for a quick turn around.
- Prime retail location.
- Former AppleBee's Bar and Grill restaurant.
- Strong national retailers Walmart, Aldi, Marshalls, Harbor Freight, PetSmart, Walgreens, Goodwill, Starbucks, O’Reilly Auto Parts, Verizon, McDonald
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,400 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $8,100 /MO $97,200 /YR | Triple Net (NNN) |
1st Floor
This former Applebee’s is located on Walmart outlot – excellent exposure and built-in customer base. All brick construction – durable, well-built structure suitable for long-term commercial use. Prime retail location on 8th Street South (State Highway 13), the main commercial corridor in Wisconsin Rapids - high traffic counts over 20,000 VPD on 8th Street S. Space offers existing restaurant buildout including bar area, kitchen infrastructure and equipment, dining room, booth seating, and restrooms. Located at a signalized intersection access for easy ingress/egress.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 5,400 SF | Gross Leasable Area | 5,400 SF |
| Property Type | Retail | Year Built | 1990 |
| Property Subtype | Restaurant | Parking Ratio | 17.96/1,000 SF |
| Total Space Available | 5,400 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,400 SF |
| Year Built | 1990 |
| Parking Ratio | 17.96/1,000 SF |
ABOUT THE PROPERTY
• This former Applebee’s is located on Walmart outlot – excellent exposure and built-in customer base. • Prime retail location on 8th Street South (State Highway 13), the main commercial corridor in Wisconsin Rapids - high traffic counts over 20,000 VPD on 8th Street S. • Existing restaurant buildout including bar area, kitchen infrastructure and equipment, dining room, booth seating, and restrooms. • Strong national retailers: Walmart, Aldi, Marshalls, Harbor Freight, PetSmart, Walgreens, Goodwill, Starbucks, O’Reilly Auto Parts, Verizon, McDonald’s and many more. • Signalized intersection access for easy ingress/egress • All brick construction – durable, well-built structure suitable for long-term commercial use.
NEARBY MAJOR RETAILERS
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5,400 SF Turn-Key Restaurant | 4311 8th St
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