1043 E Sibley Blvd - Fast Food FOR SALE


Dolton, IL 60419
$1,821,000 USD
949-506-2012
1043 E Sibley Blvd, Dolton, IL for Sale
$1,821,000 USD
Fast Food - FOR SALE
1/6
null | 7.1% Cap Rate

1043 E Sibley Blvd
Dolton, IL 60419


HIGHLIGHTS

  • • The subject property is located directly across from a Food 4 Less anchored center with multiple national/credit tenants nearby like Advanced Auto Parts, Wendy’s, Dunkin, Burger King, Walgreens, and more
  • • Less than half a mile west of Menards anchored center with more national tenants like White Castle, Shell, Exxon, and more
  • • Located on E Sibley Blvd (32,000 VPD) right off I-94 (148,000 VPD) granting great visiblity and exposure to both
  • • The subject property is located directly across from a Food 4 Less anchored center with multiple national/credit tenants nearby like Advanced Auto Parts, Wendy’s, Dunkin, Burger King, Walgreens, and more
  • • Less than half a mile west of Menards anchored center with more national tenants like White Castle, Shell, Exxon, and more
  • • Located on E Sibley Blvd (30,000 VPD) right off I-94 (147,000 VPD) granting great visibility and exposure to both

OVERVIEW

• The subject property is operated by KBP foods one of the largest operators in America with 1,100+ units operating other brands like Taco Bell, Sonic, KFC, and Arby’s. • Approximately 9+ years remaining on the base term with 2 (5-year) option periods to extend the lease • The lease is backed by FQSR, LLC a subsidary of KBP Foods that has over 800 units in this entity

FOR SALE DETAILS

PRICE

$1,821,000 USD

PRICE/SF

$736 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC | Strong Sales | 9+ Years NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,999 SF

ZONING

N/Av,Cook

APN/PARCEL ID

29-11-307-006-0000,29-11-307-007-0000,29-11-307-008-0000,29-11-307-009-0000,29-11-307-010-0000,29-11-307-011-0000

ASK ABOUT THIS PROPERTY

Gary ChouSRS National Net LeaseMore Info
949-506-2012

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Gary ChouSRS National Net LeaseMore Info
949-506-2012

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.