KFC – NNN Chicago Metro
7445 South Stony Island Avenue, Chicago, IL, USA Map
Listing Price $800,000
| Status | Active |
| Lease Type | N/A |
| Property Type | Retail |
| CAP Rate | 5.53% |
| GLA (Sq. Ft.) | 3,000 |
| NOI | $44,252 |
| Lease Term Remaining | 4 Years |
| Increases | 10% Every 5 Years |
| Options | 3 x 5 Years |
| State (BOR) | IL |
| Broker of Record | Steven Weinstock |
| License # (BOR) | 471.011175 |
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 Currently Operates 799 Restaurants
(660 KFCs & 139 Taco Bells) in 28 States and has
Surpassed One Billion Dollars in Annual Revenue - Well Established Retail Corridor | Nearby National
Retailers Include: Aldi, White Castle, Taco Bell, Popeyes,
Save A Lot, Burger King, Dollar Tree, Starbucks, Dunkin,
and More - Affluent Community with an Average Household Income of
Over $58,270 within Five Miles of the Subject Asset, as
of 2022 - 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
Investment Overview
Subject is a Prime 3,000 Square-Foot KFC on a .21-Acre Lot with Drive-Thru, Ample Parking, Pylon Signage, Easy Ingress/Egress, and Strategically Located on a Signalized Intersection. Absolute NNN/Ground Lease with a 10-Year Base Term, 5 Years Remaining, and Zero Landlord Responsibility 10% Rental Increases Every 5 Years, 3 x 5-Year Options
