4349 211th St - Fast Food FOR SALE


Matteson, IL 60443
$2,416,000 USD
949-506-2012
4349 211th St, Matteson, IL for Sale
$2,416,000 USD
Fast Food - FOR SALE
1/8
null | 7% Cap Rate

4349 211th St
Matteson, IL 60443


HIGHLIGHTS

  • KBP Foods Operator (1,100+ Units) | 9+ Years Remaining | Strong Gurantor
  • 50-acre development that will include the Matteson Children’s Museum, 613 residential units, 200,000 SF of commercial space, and around 31 acres of sports and recreational use
  • Click here for more info

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 9+ years remaining on the base term with 2 (5-year) option periods to extend the lease • The lease is backed by FQSR, LLC a subsidary of KBP Foods that has over 800 units in this entity

FOR SALE DETAILS

PRICE

$2,416,000 USD

PRICE/SF

$472 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC | Adjacent to Huge Proposed 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

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Gary ChouSRS National Net LeaseMore Info
949-506-2012

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