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KFC | 10+yrs Remain Abs NNN 872 N York St 2,640 SF Retail Building Elmhurst, IL 60126 $2,031,064 CAD ($769.34 CAD/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- FQSR, LLC Operator (840+ Units) | Over 10 Years Remaining | Strong Guarantor
- Immediate Proximity to Multiple Shopping Centers and Major National Tenants | Located off Interstate 290 (52,800 VPD)
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Robust 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.
• Over 10 years remaining on the base term with 2 (5-year) option periods to extend the lease.
• Over 10 years remaining 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
2,640 SF
Building Class
B
Year Built/Renovated
1990/2021
Price
$2,031,064 CAD
Price Per SF
$769.34 CAD
Cap Rate
6.75%
NOI
$137,097 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.46 AC
Zoning
C1 - Commercial
Parking
27 Spaces (9.55 Spaces per 1,000 SF Leased)
Frontage
109’ on N York St
AMENITIES
- Bus Line
- Pylon Sign
- Restaurant
- Signage
- 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
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 03-26-404-027 | Improvements Assessment | $280,685 CAD |
| Land Assessment | $161,978 CAD | Total Assessment | $442,663 CAD |
PROPERTY TAXES
Parcel Number
03-26-404-027
Land Assessment
$161,978 CAD
Improvements Assessment
$280,685 CAD
Total Assessment
$442,663 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 | 872 N York St
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