300 N 6th St, Wausau, WI, 54403
Dark Burger King
Key Information
Highlights
• Primary Downtown Wausau Location – Strategically located in the heart of downtown Wausau, the property benefits from strong visibility, established traffic patterns, and proximity to major employers, government offices, and entertainment destinations.
• Value-Add Repositioning Opportunity – The former Burger King offers investors the ability to re-tenant, redevelop, or reposition the asset to capitalize on the area’s ongoing growth and changing demographics.
• Adjacent to Transformational Foundry on 3rd Development – The property is positioned near the Foundry on 3rd, a landmark mixed-use redevelopment that has introduced over 150 luxury apartment units and new commercial space, significantly increasing residential density and activity in downtown Wausau.
• Growing Downtown Residential Population – Recent and planned multifamily developments are bringing hundreds of new residents to the downtown core, creating a larger consumer base for retail, restaurant, and service-oriented tenants.
• Attractive Basis with Near-Term Upside – Offered dark, the property provides investors the opportunity to achieve an attractive going-in yield of over 10% while evaluating future leasing, redevelopment, or repositioning options.
• Signalized Hard Corner Location – Situated at a highly visible signalized intersection, the property benefits from strong traffic exposure, multiple points of access, and excellent visibility for future retail, restaurant, or service users.
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