Cedar Lake Sales

Two fast-food properties on Paradise Drive in West Bend have been sold …. again

Nov. 13, 2018 – West Bend, WI – Almost a year to the day and the Arby’s and Wendy’s properties in West Bend have sold again.

Records in the city assessor’s office show SWEP No. 2 LLC sold the property at 730 W. Paradise Drive (Arby’s) on Oct. 23, 2018 to Fountains Mobile Home Park LP.

Sale price was $1,460,000. The 2018 assessed value $1,126,200.

The Arby’s, 730 W. Paradise Drive originally opened in October 2004. In 2017 the sale price to SWEP No. 2 LLC out of West Lake Village, California was $1,411,666. The 2017 assessed value is $832,300.

The Wendy’s next door, 650 W. Paradise Drive, opened in March 2005. In 2017 it too sold to SWEP No. 2 LLC for $1.3 million. The 2017 assessed value was $837,000.

Latest records show SWEP No. 2 LLC sold to Fountains Mobile Home Park LP on Oct. 22, 2018 for $1,340,000.

The 2018 assessed value is $1,346,000.

On a history note: Do you know where the first Wendy’s was in West Bend? And…. did we have an Arby’s too at one time?

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