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KFC | 10 Yrs NNN | 840+ Unit Guarantor 9950 W Roosevelt Rd 2,456 SF Retail Building Westchester, IL 60154 $2,122,365 CAD ($864.16 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- KBP Foods Operator (1,100+ Units) | Over 10 Years Remaining | Strong Gurantor
- In Proximity to a Target Anchored Center | Near Broadview Village Square
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
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 10 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 840 units in this entity
• Approximately 10 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 840 units in this entity
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,456 SF
Building Class
C
Year Built
1994
Price
$2,122,365 CAD
Price Per SF
$864.16 CAD
Cap Rate
6.25%
NOI
$132,637 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.44 AC
Zoning
B-2 - Restricted Business
Parking
17 Spaces (6.92 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- 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
-
$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 |
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $90,045 CAD | |
| Land Assessment | $88,619 CAD | Total Assessment | $178,664 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$88,619 CAD
Improvements Assessment
$90,045 CAD
Total Assessment
$178,664 CAD
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KFC | 10 Yrs NNN | 840+ Unit Guarantor | 9950 W Roosevelt Rd
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