Red Robin 225548 Rib Mountain Dr Local commercial 409 m² À vendre Wausau, WI 54401 1 530 916 € (3 743,44 €/m²) Taux de capitalisation 6,50 %

The Boulder Group is pleased to exclusively market for sale a single tenant ground leased Red Robin property in Wausau, Wisconsin. Red Robin has been successfully operating this location since 2016 and in 2019, Red Robin extended the lease through April 2036 signifying long term commitment to the location. The lease includes 10% rental increases every five years during both the initial term and each of the two five-year renewal options. Additionally, the lease is absolute triple net presenting no landlord responsibilities.
The 4,534-square-foot building is positioned on a outparcel to DICK’S Sporting Goods and benefits from its location along Rib Mountain Road which experiences more than 20,200 vehicles per day. The property is located in a dense retail corridor found just off of US Highway 51 (62,800 VPD). The corridor is occupied by nationally recognized brands including Walmart Supercenter, Sam’s Club, Best Buy, Hobby Lobby, PetSmart, Kohl’s, ALDI, Old Navy, Michaels, and many others. There are 67,000 people living within a five-mile radius. Additionally, the population within a one-mile radius earns a six-figure average household income ($104,241).
Red Robin Gourmet Burgers, Inc. is a casual dining restaurant chain renowned for its gourmet burgers, bottomless steak fries, and family-friendly atmosphere. Founded in Seattle, Washington, in 1969, Red Robin has expanded to nearly 500 locations across the United States and Canada as of early 2025. The company offers a diverse menu featuring creative and customizable burger options, including signature items like the Whiskey River® BBQ Burger and the Royal Red Robin Burger®. With a focus on quality ingredients and warm hospitality, Red Robin has become a popular destination for both casual diners and burger enthusiasts.