1940 N State St - Fast Food FOR SALE


Belvidere, IL 61008
$3,500,000 USD
773-289-0965
1940 N State St, Belvidere, IL for Sale
$3,500,000 USD
Fast Food - FOR SALE
1/5
null | 5% Cap Rate

1940 N State St
Belvidere, IL 61008


HIGHLIGHTS

  • Brand New 2026 Construction
  • Fresh 15-Year Lease with NO early termination rights
  • Absolute NNN Corporate Lease
  • 10% Increases Every 5 Years

OVERVIEW

Broker of Record Matthew M. Fitzgerald License # 478027547, 471021676 (IL) Matthews Real Estate Investment Services, LLC 600 W Fulton, Ste 100 Chicago, IL 60661 (866) 889-0550

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$1,489 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.84 AC

LAND SF

123,726 SF

ZONING

-

APN/PARCEL ID

05-22-476-008

ASK ABOUT THIS PROPERTY

Lee ChandlerMatthews Real Estate Investment ServicesMore Info
773-289-0965

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Lee ChandlerMatthews Real Estate Investment ServicesMore Info
773-289-0965

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