454 N Broad St - Fast Food FOR SALE


Carlinville, IL 62626
$1,083,000 USD
602-418-2197
454 N Broad St, Carlinville, IL for Sale
$1,083,000 USD
Fast Food - FOR SALE
1/8
null | 6% Cap Rate

454 N Broad St
Carlinville, IL 62626


HIGHLIGHTS

  • 9+ Years Lease Term Remaining | Commitment To Site | Scheduled 2% Annual Rent Increases | Options To Extend
  • Absolute NNN | Zero Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Excellent Visibility
  • Prime Retail Node | Proximity To Community Anchors
  • Affluent Consumer Base

OVERVIEW

• Tenant has operated at this location since 2007 and currently has over 9 years remaining on the lease, with four (4) additional 5-year renewal options, underscoring long-term commitment and income security • Lease includes scheduled 2% annual rent increases, providing consistent income growth and an effective inflation hedge

FOR SALE DETAILS

PRICE

$1,083,000 USD

PRICE/SF

$392 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hardee's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

C1

APN/PARCEL ID

12-002-677-00

ASK ABOUT THIS PROPERTY

Gregory WhiteCBRE, Inc.More Info
602-418-2197

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Gregory WhiteCBRE, Inc.More Info
602-418-2197

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