634 W Main St - Retail FOR SALE


Benton, IL 62812
$2,970,731 USD
818-907-4696
634 W Main St, Benton, IL for Sale
$2,970,731 USD
Retail - FOR SALE
1/7
null | 6.15% Cap Rate

634 W Main St
Benton, IL 62812


HIGHLIGHTS

  • Elite Performing Location | Ranked among the top 5% of KFC stores nationwide in sales
  • Brand New Lease | The tenant recently signed a brand new 20-year lease in October 2024 showing incredible commitment to the location and market
  • Recent and Upcoming Remodels | The property underwent a significant remodel in 2018, with another renovation scheduled for 2028, further demonstrating
  • Absolute NNN Lease from Top Operator | Tasty Restaurant Group operates over 470 restaurants in 22 states
  • Prime Freeway Access | Ideally situated just off I-57 on Main Street, which sees a combined 55,000 vehicles per day
  • Strategic Location | 0.1 Miles from a Walmart Supercenter which sees over 2 million annual visitors

OVERVIEW

CBRE is pleased to present an elite-performing, dual-tenant, KFC & Taco Bell for sale located at 634 West Main Street in Benton, Illinois. The property includes a 4,494 SF building on a 0.74 ACRE parcel and benefits from being situated just off Interstate 57 and on Main Street which sees a combined 55,000 vehicles per day. The tenant has shown incredible commitment to the location and market by signing a brand new 20-year lease in October 2024. The property underwent a significant remodel in 2018, with another renovation scheduled for 2028, further demonstrating the tenant’s dedication to the site. The Lease is backed by Tasty Restaurant Group (TRG), which operates 470+ restaurants across 22 states. The Absolute NNN Lease calls for zero landlord responsibilities whatsoever and contains 1.5% rental increases annually with 4-Five Year Options, providing a strong hedge against inflation. The asset is situated in the town’s main retail corridor and just down the street from a Walmart Supercenter which sees over 2 million visitors per year.

FOR SALE DETAILS

PRICE

$2,970,731 USD

PRICE/SF

$661 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC & Taco Bell

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

-

APN/PARCEL ID

08-18-354-034

ASK ABOUT THIS PROPERTY

818-907-4696

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818-907-4696

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