Shake Shack | Ground Lease Brookfield, WI

585 North Barker Road
Brookfield, WI

Price: $6,649,000
Cap Rate: 4.00%
NOI: $265,960
Building Size: Approx. 3,180 Sq. Ft.
Lot Size: Approx. 0.99 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2022

Investment Overview

  • 2022 Construction. 3,180+/- SF Building on 0.99+/- Acre Site
  • Brand New 15 Year Ground Lease w/ 10% Rental Increases Every 5 Years
  • Excellent Location Adjacent to the Corners of Brookfield, an Open-Air Mixed-Use Center
  • Located Across from Poplar Creek Town Center, a New Community Anchored by Marriott
  • Strong Income Demos w/ $123,841 within a 3-Mile Radius of Subject Property
  • Shake Shake is one of the Fastest Growing Food Chains in the US and is Publicly Traded
  • Brookfield  |  Major Business, Retail, & Industrial Hub in Southeastern WI  |  Population: 38,000+