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1304 Avenue Of Mid America
Effingham, IL 62401
KFC · Retail Property For Sale
Investment Highlights
- Lease Extended Through August 2035 | Tenant recently exercised its first 5-year renewal option.
- Strategic I-57 & I-70 Location | Positioned at one of the Midwest’s most traveled transportation crossroads.
- Passive Net Lease Investment | Stable cash flow with minimal landlord responsibilities.
- Occupied by KFC | Globally recognized quick-service restaurant brand with decades of consumer loyalty.
- Recently Renovated in 2020 | Comprehensive remodel demonstrates long-term tenant commitment.
- Property is also part of a 2-Property Portfolio | Properties can be purchased as a portfolio or individually. KFC 2301 Wards Road, Lynchburg, VA
Executive Summary
Newly listed KFC net lease investment in Effingham, IL. Lease extended through 2035, occupied by a nationally recognized QSR brand, recently remodeled in 2020, and strategically positioned at the crossroads of I-57 & I-70. Passive income opportunity.
** This property is also part of a 2-Property Portfolio**
Properties can be purchased as a portfolio or individually.
2301 Wards Road, Lynchburg, VA 24502
https://www.cbredealflow.com/buyer/agreement?pv=sfEcWNpvYzQkjGxsKM5XfsxYiNPFAOfbixmGik5XEjcSOzWbF3pj9_XOrHubQh-T
** This property is also part of a 2-Property Portfolio**
Properties can be purchased as a portfolio or individually.
2301 Wards Road, Lynchburg, VA 24502
https://www.cbredealflow.com/buyer/agreement?pv=sfEcWNpvYzQkjGxsKM5XfsxYiNPFAOfbixmGik5XEjcSOzWbF3pj9_XOrHubQh-T
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,168 SF
Building Class
B
Year Built
1997
Price
$2,478,726 CAD
Price Per SF
$594.70 CAD
Cap Rate
6%
NOI
$148,724 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.88 AC
Zoning
Commercial Business - Commercial Business
Parking
49 Spaces (11.76 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 0311018083 | Improvements Assessment | $312,963 CAD |
| Land Assessment | $225,806 CAD | Total Assessment | $538,769 CAD |
Property Taxes
Parcel Number
0311018083
Land Assessment
$225,806 CAD
Improvements Assessment
$312,963 CAD
Total Assessment
$538,769 CAD
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