Description

Introducing an exceptional investment opportunity in Portillo’s, located at 17685 W Bluemound Rd, Brookfield, WI 53045. This corporate-guaranteed Absolute NNN Ground Lease features a ±9,020 SF building on ±2.37 acres, with a long-term lease extending through July 2036, offering approximately 11.5 years of remaining primary term and zero landlord responsibilities. The property produces a net operating income (NOI) of $276,000, reflecting a 5.75% cap rate, providing investors with stable, passive income secured by a proven national tenant. Backed by Portillo’s strong financial performance, including a 4.5% revenue increase to $710.6 million in 2024, this investment is supported by a rapidly expanding restaurant brand with plans to reach 920 locations nationwide. Strategically positioned adjacent to the Brookfield Lakes Corporate Center, the site enjoys excellent visibility along Highway 18, which sees approximately 36,100 vehicles per day, and benefits from an affluent local demographic with average household incomes exceeding $171,000. This offering represents a rare opportunity to acquire a long-term, passive investment in a thriving Milwaukee metro submarket, backed by a high-performing national tenant and situated in a prime, high-traffic retail corridor.