832 Factory Outlet Blvd - Fast Food FOR SALE


West Frankfort, IL 62896
$1,608,000 USD
949-506-2009
832 Factory Outlet Blvd, West Frankfort, IL for Sale
$1,608,000 USD
Fast Food - FOR SALE
1/5
null | 5.5% Cap Rate

832 Factory Outlet Blvd
West Frankfort, IL 62896


HIGHLIGHTS

  • Long-term investment | Just under 13 years remaining on the base lease term
  • Absolute NNN lease | Zero Landlord responsibilities
  • Strong guarantee | Lease is backed by K-Mac Enterprises, Inc., the second largest Taco Bell franchisee in the country nearly 400 locations across 10 s
  • Located directly off I-57 which sees 38,500 VPD
  • Directly across the street from a Kroger and Ollie’s Bargain Outlet-anchored shopping center
  • Annual rent increases to provide a hedge against inflation

OVERVIEW

• Long-term investment | Just under 13 years remaining on the base lease term • Absolute NNN lease | Zero Landlord responsibilities • Strong guarantee | Lease is backed by K-Mac Enterprises, Inc., the second largest Taco Bell franchisee in the country nearly 400 locations across 10 states • K-Mac generated ±$639MM in 2023 and operates over 457 restaurants across the Taco Bell, Whataburger, and 7 Brew Coffee brands • Located directly off I-57 which sees 38,500 VPD • Excellent access and visibility from State Highway 149 which sees ±16,150 VPD • Directly across the street from a Kroger and Ollie’s Bargain Outlet-anchored shopping center • Annual rent increases to provide a hedge against inflation • About 1.5 miles from Frankfort Community High School | 434 students • Industry-leading brand with over 8,200 locations across 30+ countries, serving over 40MM customers weekly in the U.S. alone • Over $11.7B in global sales for Yum! Brands

FOR SALE DETAILS

PRICE

$1,608,000 USD

PRICE/SF

$727 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell | 400+ Unit Guarantor | 13-Yr NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

-

APN/PARCEL ID

11-23-428-003

ASK ABOUT THIS PROPERTY

Calvin ShortBerkeley Capital AdvisorsMore Info
949-506-2009

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Calvin ShortBerkeley Capital AdvisorsMore Info
949-506-2009

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