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Restaurant

Triple Net KFC - Chicago Metro

7445 S Stony Is Ave, Chicago, IL 60649

Listing Price: $2,000,000

Cap Rate
4.71%
Tenant Name
KFC
Years Remaining On Lease
12.7
Guarantor
Franchisee Guarantee
Rentable SF
3,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.39

Investment Overview

Subject is a Prime 3,000 Square-Foot KFC on a 0.53-Acre Lot with DriveThru, Ample Parking, Pylon Signage, Easy Ingress/Egress, and Strategically
Located on a Signalized Intersection.
Absolute NNN KFC Lease with Just Under 13 Years Remaining, and Zero
Landlord Responsibility | 1.95% Rental Increase in 2028, and 10% in
Options, 2 x 5-Year Options.

Investment Highlights

  • Robust Traffic Counts on 1600 E (53,843) and Sits Half a Mile from the Stony Island Metro Station (Source: LandVision, CoStar, 2015)
  • Tenant KBP Brands Operates Over 1,000 Restaurants in 28 States and has Surpassed One Billion Dollars in Annual Revenue and Currently is Working to Complete Renovations to the Location in 2025
  • Well Established Retail Corridor | Nearby National Retailers Include: Aldi, White Castle, Taco Bell, Popeyes, Jewel Osco, Burger King, Dollar Tree, Starbucks, Dunkin, PNC Bank, and Others
  • Thriving Community Near Jackson Park with an Average Household Income of Over $60k within Five Miles of the Subject Asset, as of 2023
  • Subject is Eight Miles from Chicago Midway International Airport, Serving Over 20 Million Passengers Annually (flychicago.com)
  • Parks and Outdoor Recreational Facilities Nearby Include: Oak Woods Cemetary, Jackson Park, Midway Plaisance Park, South Shore Beach, Rainbow Beach Park, and More
  • Subject is Nine Miles from Downtown Chicago with a Population of 2.7 Million
  • This Location Ranks in the Top 10% of all KFCs in the State of Illinois and the Top 15% of all KFCs in the Nation (Placer.ai)

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Restaurant

Triple Net KFC - Chicago Metro

Listing Price: $2,000,000

Cap Rate
4.71%
Tenant Name
KFC
Years Remaining On Lease
12.7
Guarantor
Franchisee Guarantee
Rentable SF
3,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.39

Investment Highlights

  • Robust Traffic Counts on 1600 E (53,843) and Sits Half a Mile from the Stony Island Metro Station (Source: LandVision, CoStar, 2015)
  • Tenant KBP Brands Operates Over 1,000 Restaurants in 28 States and has Surpassed One Billion Dollars in Annual Revenue and Currently is Working to Complete Renovations to the Location in 2025
  • Well Established Retail Corridor | Nearby National Retailers Include: Aldi, White Castle, Taco Bell, Popeyes, Jewel Osco, Burger King, Dollar Tree, Starbucks, Dunkin, PNC Bank, and Others
  • Thriving Community Near Jackson Park with an Average Household Income of Over $60k within Five Miles of the Subject Asset, as of 2023
  • Subject is Eight Miles from Chicago Midway International Airport, Serving Over 20 Million Passengers Annually (flychicago.com)
  • Parks and Outdoor Recreational Facilities Nearby Include: Oak Woods Cemetary, Jackson Park, Midway Plaisance Park, South Shore Beach, Rainbow Beach Park, and More
  • Subject is Nine Miles from Downtown Chicago with a Population of 2.7 Million
  • This Location Ranks in the Top 10% of all KFCs in the State of Illinois and the Top 15% of all KFCs in the Nation (Placer.ai)

Investment Overview

Subject is a Prime 3,000 Square-Foot KFC on a 0.53-Acre Lot with DriveThru, Ample Parking, Pylon Signage, Easy Ingress/Egress, and Strategically Located on a Signalized Intersection. Absolute NNN KFC Lease with Just Under 13 Years Remaining, and Zero Landlord Responsibility | 1.95% Rental Increase in 2028, and 10% in Options, 2 x 5-Year Options.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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