Investment Highlights

20-YEAR ABSOLUTE NNN GROUND LEASE WITH CORPORATE GUARANTY
» 20-year absolute NNN ground lease with four option periods of five years each
» Tenant is responsible for taxes, insurance, and all maintenance
» No landlord management, making this asset an ideal investment opportunity for an out-of-area investor
» New 2021 construction featuring ample on-site parking and dedicated drive-thru

HIGH-TRAFFIC LOCATION NEAR FOND DU LAC’S MAIN THOROUGHFARE
» High visibility location on U.S. Route 45/West Johnson Street (30,800 AADT), significantly increasing traffic to the site
» 56,723 residents within a five-mile radius of the property, providing a large customer base for the property
» Population increases within one, three, and five-mile radii within the past five years
» Projected 11 percent AHI increase within five miles of the site in the next five years, poising Fond du Lac and Taco John’s for significant concurrent growth

CENTRAL LOCATION NEAR LARGE RETAILERS, EMPLOYERS AND COMMUNITY HUBS
» Outparcel to upcoming Hobby Lobby and Big Lots, promoting crossover shopping to the location
» Immediately surrounded by several national retailers, including Walmart Supercenter, Target, Menards, JOANN Fabrics and Crafts, Family Dollar, McDonald’s, and many more
» Less than three miles from the largest employer in Fond du Lac county, St. Agnes Hospital (3,819 employees, 161 beds)
» Conveniently located near single and multi-family developments including, Countryside and Courtyard Apartments (835 units combined)
» Walking distance to Evans Elementary (289 students) and Sabish Middle School (438 students), increasing traffic to the site

Property Description

SOLD
The property is located along U.S. Route 45/West Johnson Street, with high visibility and access to 30,800 vehicles per day in front of the location. Traffic to the site is increased by nearby Interstate 41, which experiences a high traffic count of 31,400 vehicles per day. The site benefits from its convenient location across the street from an upcoming Hobby Lobby and Big Lots development, promoting crossover shopping to the location. The property is conveniently located in a well-populated area, with 56,723 residents living within a five-mile radius of the location. The property is also based in a growing area, with an average annual household income of $72,296 within five miles of the site. The property is primed to grow along with the surrounding area, with a projected 11 percent average annual household income increase within five miles of the site in the next five years.

The property has a central location between large employers, retailers, and community hubs. The site is immediately surrounded by several national retailers, including Walmart Supercenter, Target, Menards, JOANN Fabrics and Crafts, Family Dollar, McDonald’s, and many more. The location is less than three miles from St. Agnes Hospital (3,819 employees, 161 beds), the largest employer in Fond du Lac county, promoting crossover shopping to the location. The site is within walking distance of Evans Elementary (289 students) and Sabish Middle School (438 students). Traffic to the location is also increased by its proximity to many single and multi-family developments including, Countryside and Courtyard Apartments (835 units combined).