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Restaurant

Denny's

1130 S Illinois St, Belleville, IL 62220

Listing Price: $1,476,000

Cap Rate
6.50%
Tenant Name
Denny's
Guarantor
Franchisee Guarantee
Rentable SF
4,547
Lease Type
Absolute Net
Rent Per Square Feet
$21.11

Investment Overview

1130 S Illinois St, Belleville, IL

Investment Highlights

  • Brand New 15 Year Lease: Denny's will Enter into a Brand New 15-Year Absolute Net Lease Featuring Annual Rent Increases of 1.5%.
  • Close to Local Universities: Denny's is conveniently located just 4 miles east of Southwestern Illinois College (SWIC), which boasts an enrollment of over 6,900 students.
  • Prime Highway Location: Outstanding visibility and prominent Pylon Signage. This property is prominently positioned along State Highway 15, which sees a daily traffic volume of over 21,400 vehicles an
  • Next to Belle-Clair Fairground & Expo Center: The Fairground and Expo Center hosts a variety of monthly events, including family-friending gatherings, flea markets, sporting events, anitque shows, auto swap meets, and more.
  • Part of the St. Louis MO-IL Metro Area: Belleville stands as the most populous city in the Metro-East region of the St. Louis Metro, situated in Southern Illinois.
  • Scott Air Force Base: Scott Air Force Base plays a significant role in Belleville's economy, employing more than 13,000 individuals and situated only 9 miles away from Denny's location.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Financing By

Listing Price: $1,476,000

Cap Rate
6.50%
Tenant Name
Denny's
Guarantor
Franchisee Guarantee
Rentable SF
4,547
Lease Type
Absolute Net
Rent Per Square Feet
$21.11

Investment Highlights

  • Brand New 15 Year Lease: Denny's will Enter into a Brand New 15-Year Absolute Net Lease Featuring Annual Rent Increases of 1.5%.
  • Close to Local Universities: Denny's is conveniently located just 4 miles east of Southwestern Illinois College (SWIC), which boasts an enrollment of over 6,900 students.
  • Prime Highway Location: Outstanding visibility and prominent Pylon Signage. This property is prominently positioned along State Highway 15, which sees a daily traffic volume of over 21,400 vehicles an
  • Next to Belle-Clair Fairground & Expo Center: The Fairground and Expo Center hosts a variety of monthly events, including family-friending gatherings, flea markets, sporting events, anitque shows, auto swap meets, and more.
  • Part of the St. Louis MO-IL Metro Area: Belleville stands as the most populous city in the Metro-East region of the St. Louis Metro, situated in Southern Illinois.
  • Scott Air Force Base: Scott Air Force Base plays a significant role in Belleville's economy, employing more than 13,000 individuals and situated only 9 miles away from Denny's location.

Investment Overview

1130 S Illinois St, Belleville, IL

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

Financing By

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