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Investment Highlights

  • FQSR, LLC Manages Operations (800+ Units) | Approximately 7.5 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 7.5 years left, with 2 (5-year) options to extend

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,376 SF
Building Class
B
Year Built
1997
Price
$1,505,676 CAD
Price Per SF
$633.70 CAD
Cap Rate
7.59%
NOI
$114,348 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 began in 1952 when Colonel Harland Sanders expanded a fried chicken recipe into the first Kentucky Fried Chicken franchise in Utah, building on earlier work in Kentucky. The company now operates as a global chicken restaurant brand and a subsidiary of Yum! Brands, with a menu centred on fried chicken, chicken sandwiches, tenders, bowls, sides and beverages. KFC's business spans restaurant operations, franchising, digital ordering and brand marketing across a wide international network. The company continues to focus on fried chicken as its core offer while adapting menus for local markets and supporting community programmes.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Fairly walkable
40/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100

Nearby Major Retailers

Hungry Hobo
Starbucks
Hy-Vee
Maid-Rite

Property Taxes

Property Taxes

Parcel Number
16-23-408-001
Land Assessment
$147,763 CAD
Improvements Assessment
$196,681 CAD
Total Assessment
$344,444 CAD
  • Listing ID: 36631334

  • Date on Market: 2025-07-07

  • Last Updated:

  • Address: 895 4th St W, Milan, IL 61264

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