2737 Veterans Ave - Fast Food FOR SALE
Vandalia, IL 62471 |
$1,827,000 USD
480-718-5555
2737 Veterans Ave
Vandalia, IL 62471
HIGHLIGHTS
- LONG-TERM ABSOLUTE NNN LEASE: Over 14 years remaining on initial 20-year Absolute NNN lease with attractive 7.00% rental escalations
- OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,055 locations across 4 brands in 32 states. Tenant - FQSR, LLC
- Encompasses ±800 locations with anticipated sales in excess of $1.1 billion in 2025!
- RARE DUAL BRANDED CONCEPT: YUM! Brands is no longer issuing new dual brand franchise agreements
- LARGE PARCEL | TRAFFIC COUNTS: Highway location - prominently situated on a large ±1.17-acre lot with excellent visibility along US-40/Veterans Aven
- 2025 DEMOGRAPHICS: Total Population (5MI): 9,255 | Average Household Income (1MI): $86,703
FOR SALE DETAILS
PRICE
$1,827,000 USD
PRICE/SF
$555 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KFC | TB - VANDALIA, IL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.17 AC
LAND SF
50,965 SF
ZONING
Commercial
APN/PARCEL ID
18-14-18-201-008
ASK ABOUT THIS PROPERTY
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480-718-5555
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480-718-5555
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