1304 Avenue Of Mid America - Fast Food FOR SALE
Effingham, IL 62401 |
$1,780,617 USD
408-453-7419
1304 Avenue Of Mid America
Effingham, IL 62401
HIGHLIGHTS
- Lease Extended Through August 2035 | Tenant recently exercised its first 5-year renewal option.
- Occupied by KFC | Globally recognized quick-service restaurant brand with decades of consumer loyalty.
- Strategic I-57 & I-70 Location | Positioned at one of the Midwest’s most traveled transportation crossroads.
- Recently Renovated in 2020 | Comprehensive remodel demonstrates long-term tenant commitment.
- Passive Net Lease Investment | Stable cash flow with minimal landlord responsibilities.
- Property is also part of a 2-Property Portfolio | Properties can be purchased as a portfolio or individually. KFC 2301 Wards Road, Lynchburg, VA
OVERVIEW
Newly listed KFC net lease investment in Effingham, IL. Lease extended through 2035, occupied by a nationally recognized QSR brand, recently remodeled in 2020, and strategically positioned at the crossroads of I-57 & I-70. Passive income opportunity.
** This property is also part of a 2-Property Portfolio**
Properties can be purchased as a portfolio or individually.
2301 Wards Road, Lynchburg, VA 24502
https://www.cbredealflow.com/buyer/agreement?pv=sfEcWNpvYzQkjGxsKM5XfsxYiNPFAOfbixmGik5XEjcSOzWbF3pj9_XOrHubQh-T
FOR SALE DETAILS
PRICE
$1,780,617 USD
PRICE/SF
$427 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KFC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant, undefined
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
49
LAND DETAILS
LAND ACRES
0.88 AC
LAND SF
38,333 SF
ZONING
Commercial Business
APN/PARCEL ID
0311018083
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408-453-7419
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408-453-7419
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