4349 211th St - Fast Food FOR SALE


Matteson, IL 60443
$2,705,500 USD
949-506-2012
4349 211th St, Matteson, IL for Sale
$2,705,500 USD
Fast Food - FOR SALE
1/9
null | 6.25% Cap Rate

4349 211th St
Matteson, IL 60443


HIGHLIGHTS

  • KBP Foods Operator (1,100+ Units) | Over 10 Years Remaining | Strong Guarantor
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • In Proximity to Strong Retail Corridor | High Traffic Area (34,000 VPD)
  • Strong Demographics In 5-Mile Trade Area

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 10 years remaining on the base term with 2 (5-year) option periods to extend the lease • The lease is backed by FQSR, LLC a subsidiary of KBP Foods that has over 840 units in this entity

FOR SALE DETAILS

PRICE

$2,705,500 USD

PRICE/SF

$529 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC | Adjacent to Huge Planned Development

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

C-4

APN/PARCEL ID

31-22-400-002-0000

ASK ABOUT THIS PROPERTY

Gary ChouSRS National Net LeaseMore Info
949-506-2012

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

Gary ChouSRS National Net LeaseMore Info
949-506-2012

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