3431 N University St - Fast Food FOR SALE
Peoria, IL 61604 |
3431 N University St
Peoria, IL 61604
HIGHLIGHTS
- GREAT LOCATION!!! TRUE NNN LEASE WITH ZERO LANDLORD RESPONSIBILITIES - TENANT PAYS FOR EVERYTHING!!
- 20 Year NNN lease with approx. 15 yrs remaining with 10% rental increases every 5 yrs in the Primary Term & in the Options.
- Approx. 15 years left on the original lease plus 4 (5 year) options to extend
- Newer Construction -- Built in 2016 with drive-thru
- Super Strong Operator that operates approx. 260 Hardee's restaurants.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Hardee's NNN Restaurant With Drive Thru
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
3097
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
14-29-327-026
