Shake Shack | Brookfield WI
Retail
100% LEASED AND GUARANTEED BY SHAKE SHACK
Shake Shack (NYSE: SHAK) is one of the top performing and fastest growing public restaurant chains in the world. Shake Shack has grown almost 1,000% since 2013 and is considered one of the fastest growing public restaurant groups.
CUTTING EDGE SHAKE SHACK PROTOTYPE DESIGN WITH NEW DOUBLE DRIVE-THRU
This Shake Shack was completed in 2022 and is the most current and advanced concept offered, featuring plentiful outdoor seating, a sleek, modern design, and a double drive-thru. The signalized intersection and full-access entrance ensure customers can come and go quickly and without any hassle. Located on the ‘going home/PM’ side of Hwy 18, this Shake Shack is perfectly located to attract the largest number of dinner customers leaving downtown Milwaukee at the end of the work day.
HIGHLY PASSIVE 15 YEAR ABSOLUTE NNN GROUND LEASE WITH 10% RENTAL INCREASES
Shake Shack is operating under a highly passive 15-year lease with no landlord obligations whatsoever. The lease boasts 10% rental increases every 5 years throughout the primary term and at the beginning of each of the option periods.
MILWAUKEE MSA | OVER 1.6 MILLION PEOPLE
Brookfield, Wisconsin is a suburb Milwaukee, which is the largest city in Wisconsin. The Milwaukee metropolitan area has over 1.6 million people. Brookfield is regarded as one of the best places to live in the entire state of Wisconsin and has grown over 10% since 2010. The subject property is located at the main retail corridor of Brookfield at the intersection of W Bluemound Rd. (37,600 ADT) and N Barker Ave. (20,700 ADT). The subject property is less than 300 yards from I-94.
SIGNALIZED CORNER | BRAND NEW LUXURY MIXED USE DEVELOPMENT
The subject property shares an intersection with Poplar Creek Town Center and The Corners of Brookfield (catty-corner) Poplar Creek Town Center is under development and will feature 2 Marriott hotels, 5 residential buildings with a total of 381 units, 30,000 SF retail space, and 12,000 SF class A office space. The Corners of Brookfield is a luxury mixed-use development, with over 420,000 SF retail and 422 apartments. Tenants include Lululemon, Von Maur, Anthropologie, L.L Bean, Free People, & more.
You must be a registered user in order to download the Offering memorandum for this property.
Register
The information contained herein has been obtained from sources deemed reliable or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.