1077 W Broadway - Fast Food FOR SALE


Centralia, IL 62801
$2,309,000 USD
707-938-9600
1077 W Broadway, Centralia, IL for Sale
$2,309,000 USD
Fast Food - FOR SALE
1/4
null | 5.44% Cap Rate

1077 W Broadway
Centralia, IL 62801


HIGHLIGHTS

  • Experienced Operator - Bell American Group (280+ stores)
  • 1.5% Annual Rent Increases
  • Pad to Schnuck's Anchored Grocery Center
  • Affiliate of The Flynn Restaurant Group - largest franchisee operator in the US
  • Very Strong Reported Sales History

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

$2,309,000 USD

PRICE/SF

$1,115 USD /SF

CAP RATE

5.44%

% 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

23

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 ChristianFirst Street, Inc.More Info
707-938-9600

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

Jeff ChristianFirst Street, Inc.More Info
707-938-9600

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