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Off Market
1/9

510 N Webster St
Taylorville, IL 62568


HIGHLIGHTS


OVERVIEW

KFC has a brand-new 20-year Absolute NNN lease with attractive 7% rental escalations every 5-years and two 5-year renewal options. The tenant, KBP Foods, is the largest KFC franchisee in the US operating 760 locations in 25 states and will generate sales in excess of $800 million in 2019. This high volume location has been successfully open and operating since 1989 with an attractive 8.04% rent-to-sales ratio and is slated for remodel by yearend 2020 – showing the tenant’s commitment to the location! KFC is located in Taylorville, Illinois on North Webster Street with excellent driveby visibility. Nearby retailers include: Wright’s Furniture & Flooring Shopping Center, Walmart Supercenter, Kroger, ALDI, Gordmans, Family Dollar, Dollar Tree, Dollar General, Ace Hardware, True Value, Do It Best, Aaron’s, Maurices, Walgreens, CVS Pharmacy, O’Reilly Auto Parts, AutoZone, NAPA Auto Parts, Glik’s, AT&T, etc. The subject location is less than 3 miles from Lincoln Land Community College – Taylorville and less than one mile from Taylorville Memorial Hospital (25 beds). *In Association with Illinois Local Broker: Travis R. Tarrant, Tarrant & Harman Real Estate and Auction #471016673

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

KFC: Brand New 20 Year Absolute NNN Lse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Bank, Fast Food, Freestanding

TOTAL BUILDING SIZE

4666

STORIES

1

YEAR BUILT

1989

SPRINKLERS

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PARKING SPACES

83

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

17-13-22-403-013-00