1077 W Broadway - Fast Food FOR SALE


Centralia, IL 62801
$2,263,500 USD
707-938-9600
1077 W Broadway, Centralia, IL for Sale
$2,263,500 USD
Fast Food - FOR SALE
1/4
null | 5.55% Cap Rate

1077 W Broadway
Centralia, IL 62801


HIGHLIGHTS

  • Largest Franchisee Operator in the U.S. | 2,900+ Units Operated | Strong Rent-to-sales
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | Options To Extend
  • Out Parcel to Fairview Park Plaza | Bealls, Schnucks, & Hibbett Sports
  • Demographics In 5-Mile Trade Area

OVERVIEW

This is an exceptional Taco Bell investment opportunity located at 1077 W. Broadway, Centralia, IL boasting strong sales history, attractive 1.5% annual rent increases and growth potential with annual store sales reporting. This Taco Bell is run by experienced operator Bell American Group with over 280 locations, part of Flynn Restaurant Group. Flynn Restaurant Group is one of the largest franchisee operators in the U.S. with over 2,900 units. Situated in a prime location adjacent to a Schnuck's Grocery Anchored Center, this NNN lease property guarantees long-term returns with a lease expiration date of 8/20/2034. Enormous sales & profitability.

FOR SALE DETAILS

PRICE

$2,263,500 USD

PRICE/SF

$1,093 USD /SF

CAP RATE

5.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell - $2,309,000 - 1.5% Increases

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

51

APN/PARCEL ID

15-14-13-202-015

ASK ABOUT THIS PROPERTY

Jeff ChristianSRS National Net LeaseMore Info
707-938-9600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jeff ChristianSRS National Net LeaseMore Info
707-938-9600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.