Log In/Sign Up
Your email has been sent.
KFC | Adjacent to Huge Planned Development 4349 211th St 5,116 SF Retail Building Matteson, IL 60443 $3,424,460 CAD ($669.36 CAD/SF) 6.75% Cap Rate
Investment Highlights
- • Across from the planned Market Square Crossing Development which will replace the former Lincoln Mall
- Click here for more info
- • Just west of the Matteson Plaza with nearby major tenants including the Pete’s Fresh Market, Walgreens, McDonalds, Sparkle Express Carwash and more
- 50-acre development that will include the Matteson Children’s Museum, 613 residential units, 200,000 SF of commercial space, and around 31 acres of sports and recreational use
- • The subject property is located in proximity from a Home Depot anchored center with other national/credit tenants like Harbor Frieght, Petsmart, Marshalls, Starbucks, Chiptole, Five Guys, and more
- • Strong tenant synergy promotes crossover shopping to the subject property
Executive Summary
• The subject property is operated by 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 9.5 years remaining on the base term with 2 (5-year) option periods to extend the lease
• The lease is backed by FQSR, LLC a subsidiary of KBP Foods that has over 800 units in this entity
• Approximately 9.5 years remaining on the base term with 2 (5-year) option periods to extend the lease
• The lease is backed by FQSR, LLC a subsidiary of KBP Foods that has over 800 units in this entity
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,116 SF
Building Class
C
Year Built
1971
Price
$3,424,460 CAD
Price Per SF
$669.36 CAD
Cap Rate
6.75%
NOI
$231,151 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.80 AC
Zoning
C-4 - [Commercial] Highway Commercial
Parking
35 Spaces (6.84 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
-
$9.99
-
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 | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 31-22-400-002-0000 | Improvements Assessment | $265,288 CAD |
| Land Assessment | $35,803 CAD | Total Assessment | $301,091 CAD |
Property Taxes
Parcel Number
31-22-400-002-0000
Land Assessment
$35,803 CAD
Improvements Assessment
$265,288 CAD
Total Assessment
$301,091 CAD
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
KFC | Adjacent to Huge Planned Development | 4349 211th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.