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Papa John's 621 N Main St 1,757 SF Retail Building Canton, IL 61520 $1,033,777 CAD ($588.38 CAD/SF) 7.25% Cap Rate



INVESTMENT HIGHLIGHTS
- Absolute NNN Lease - No Landlord Responsibilities
- Strong Rent to Sales Ratio of 4.5%
- 25+ Years of Operating History at this Location
- Long Term Lease with 10 Years Remaining
- $25,000 In Tenant Improvements In 2025
- Situated at the Signalized Intersection of Main Street and East Vine Street
EXECUTIVE SUMMARY
Absolute NNN Lease - No Landlord Responsibilities
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,757 SF
Building Class
C
Year Built
1997
Price
$1,033,777 CAD
Price Per SF
$588.38 CAD
Cap Rate
7.25%
NOI
$74,931 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.41 AC
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 09-08-272-110-04 | Improvements Assessment | $36,046 CAD |
| Land Assessment | $26,905 CAD | Total Assessment | $62,951 CAD |
PROPERTY TAXES
Parcel Number
09-08-272-110-04
Land Assessment
$26,905 CAD
Improvements Assessment
$36,046 CAD
Total Assessment
$62,951 CAD
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Papa John's | 621 N Main St
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