895 4th St W - Fast Food FOR SALE


Milan, IL 61264
$1,280,000 USD
949-506-2012
895 4th St W, Milan, IL for Sale
$1,280,000 USD
Fast Food - FOR SALE
1/4
null | 6.34% Cap Rate

895 4th St W
Milan, IL 61264


HIGHLIGHTS

  • FQSR, LLC Manages Operations (840+ Units) | Over 9 Years Remaining | Large National Operator
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Located off Interstate 280 (21,700 VPD) | Positioned to Service Interstate Travelers
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• This property is managed by FQSR, LLC, a division of KBP Foods, a major U.S. Operator with 1,100+ locations, handling brands like Taco Bell, Sonic, KFC, and Arby’s • The lease has over 9 years left, with 2 (5-year) options to extend

FOR SALE DETAILS

PRICE

$1,280,000 USD

PRICE/SF

$537 USD /SF

CAP RATE

6.34%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC | 8.5+ Yrs NNN | 840+ Unit Guarantor

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,985 SF

ZONING

MIL

APN/PARCEL ID

16-23-408-001

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 Policy.