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1530 E Walnut Street - Taco Bell, Watseka, IL

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1530 E Walnut Street - Taco Bell

Watseka, IL 60970-1807

Property Type:Retail Sub Type:Fast Food Status:Existing Year Built:-
Building Size:2,592 SF Land Area:.99 AC (43,124 SF)
For Sale Price:$1,200,000 Price/SF:$462.96
Cap Rate:5.50 %

Sale Notes:
Absolute NNN Lease - ZERO LL Responsibilities regarding taxes, insurance, maintenance, roof and structure

Globally Recognized Restaurant Brand - Taco Bell is the Largest Mexican Food Franchise in the world with over 6,200 restaurants in the United States

Experienced Multi-Unit Franchise Operator with +45 Restaurants located throughout the Midwest

Lease Personally Guaranteed by Tenant' s Key Principal

16+ Years Remaining on Initial Lease Term with Two 5-Year extension options

Lease provides attractive rental increases of 10% every 5-Years including the options starting in year 10.
Located directly on Walnut St., Watseka's main thoroughfare, the Taco Bell is set in close proximity to a Super Walmart that draws from a population of 60,000 people and produces traffic counts of approx. 20,000 VPD

Net 3 Real Estate
Ryan Schulze
(630) 946-7455

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