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KFC | 10+yrs Remain Abs NNN 17505 Halsted St 4,165 SF Retail Building Homewood, IL 60430 $3,179,661 CAD ($763.42 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- FQSR, LLC Operator (840+ Units) | Over 10 Years Remaining | Robust Guarantor
- Excellent Retail Corridor | Positioned Near Interstate 80 & 294 (138,700 VPD)
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Very Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
• The subject property is operated by FQSR, LLC, a subsidiary of 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 10 years remain on the base term with 2 (5-year) option periods to extend the lease.
• Approximately 10 years remain on the base term with 2 (5-year) option periods to extend the lease.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,165 SF
Building Class
C
Year Built
1991
Price
$3,179,661 CAD
Price Per SF
$763.42 CAD
Cap Rate
6.25%
NOI
$198,729 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.41 AC
Zoning
B-4 - Shopping Center
Parking
57 Spaces (13.69 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
KFC, a subsidiary of Yum! Brands, Inc. (NYSE: YUM.), is a global chicken restaurant brand with a rich, decades-long history of success and innovation. It all started with one cook, Colonel Harland Sanders, who created a finger lickin’ good recipe decades years ago, a list of secret herbs and spices scratched out on the back of the door to his kitchen. Today they still follow his formula for success, with real cooks breading and freshly preparing their delicious chicken by hand in tens of thousands of restaurants around the world.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 29-33-100-051-0000 | Improvements Assessment | $1,445 CAD |
| Land Assessment | $6,597 CAD | Total Assessment | $8,042 CAD |
PROPERTY TAXES
Parcel Number
29-33-100-051-0000
Land Assessment
$6,597 CAD
Improvements Assessment
$1,445 CAD
Total Assessment
$8,042 CAD
CONTACTS
-
Gary Chou -
Matt Coates -
Calvin Short -
Aron Cline -
Dan Elliot -
SRS National Net Lease
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KFC | 10+yrs Remain Abs NNN | 17505 Halsted St
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