Dave’s Hot Chicken – Milwaukee, WI

The Issenberg-Britti Group of Surmount is pleased to present for sale this Net Leased Dave’s Hot Chicken Restaurant located at 5260 N. Port Washington Road in Glendale, Wisconsin (Population 13,357), a suburb of Milwaukee and part of the Milwaukee Metropolitan Area (1.58 million residents). Glendale is an affluent suburb of Milwaukee with an average household income exceeding $133,000 in a one-mile radius of the subject property.
This newly retrofitted quick service restaurant is subject to a 10-year absolute triple net lease with built in 10% increases every 5 years during the base term and the option periods. This Dave’s Hot Chicken is situated on North Port Washington Road which has traffic counts exceeding 30,455 vehicles per day. Retailers in the immediate area include Trader Joe’s, 7 Brew Coffee, Chick Fil A, Walgreens, FedEx and McDonald’s. This Dave’s Hot Chicken is also located a 4-minute drive south of Bayshore, a 1.2 Million square foot mixed use complex with 702,000 square foot of retail, 200,000 square feet of office space and 125,000 square feet of residential space.
Colleges and universities nearby include UW-Milwaukee College of Engineering (Over 2,000 Students), UW-Milwaukee College of Letters (23,104 Students) and Milwaukee Area Technical College (35,000 Students).
Several apartment complexes surround this property including Bay Colony Apartments & Townhouses, Park Village Apartments, Parkside at Estabrook Apartments, Beaumont Place, The Hampton Apartments, Colonial Court Apartments and Coventry Apartments.
Dave’s Hot Chicken is a fast-casual restaurant chain specializing in Nashville-style hot chicken. There are 400 locations across the United States, Canada, the United Kingdom, Ireland and the Middle East, with system-wide sales approaching $1 Billion.