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KFC | 8.5+ Yrs NNN | 840+ Unit Guarantor 895 4th St W 2,376 SF Retail Building Milan, IL 61264 $1,743,504 CAD ($733.80 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- FQSR, LLC Manages Operations (840+ Units) | Over 9 Years Remaining | Large National Operator
- Located off Interstate 280 (21,700 VPD) | Positioned to Service Interstate Travelers
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
• This property is managed by FQSR, LLC, a division of KBP Foods, a major U.S. Operator with 1,100+ locations, handling brands like Taco Bell, Sonic, KFC, and Arby’s
• The lease has approximately 8.5 years left, with 2 (5-year) options to extend
• The lease has approximately 8.5 years left, with 2 (5-year) options to extend
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,376 SF
Building Class
B
Year Built
1997
Price
$1,743,504 CAD
Price Per SF
$733.80 CAD
Cap Rate
6.50%
NOI
$113,328 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.34 AC
Zoning
MIL
Parking
22 Spaces (9.26 Spaces per 1,000 SF Leased)
Frontage
100’ on 4th St
AMENITIES
- Pylon Sign
- Restaurant
- 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 | 16-23-408-001 | Improvements Assessment | $183,162 CAD |
| Land Assessment | $137,607 CAD | Total Assessment | $320,770 CAD |
PROPERTY TAXES
Parcel Number
16-23-408-001
Land Assessment
$137,607 CAD
Improvements Assessment
$183,162 CAD
Total Assessment
$320,770 CAD
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KFC | 8.5+ Yrs NNN | 840+ Unit Guarantor | 895 4th St W
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