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KFC | Strong Sales | 9+ Years NNN 1043 E Sibley Blvd 2,474 SF Retail Building Dolton, IL 60419 $1,821,000 ($736.05/SF) 7.10% Cap Rate
Investment Highlights
- • The subject property is located directly across from a Food 4 Less anchored center with multiple national/credit tenants nearby like Advanced Auto Parts, Wendy’s, Dunkin, Burger King, Walgreens, and more
- • Located on E Sibley Blvd (32,000 VPD) right off I-94 (148,000 VPD) granting great visiblity and exposure to both
- • Less than half a mile west of Menards anchored center with more national tenants like White Castle, Shell, Exxon, and more
- • Less than half a mile west of Menards anchored center with more national tenants like White Castle, Shell, Exxon, and more
- • The subject property is located directly across from a Food 4 Less anchored center with multiple national/credit tenants nearby like Advanced Auto Parts, Wendy’s, Dunkin, Burger King, Walgreens, and more
- • Located on E Sibley Blvd (30,000 VPD) right off I-94 (147,000 VPD) granting great visibility and exposure to both
Executive Summary
• The subject property is operated by KBP foods one of the largest operators in America with 1,100+ units operating other brands like Taco Bell, Sonic, KFC, and Arby’s.
• Approximately 9+ years remaining on the base term with 2 (5-year) option periods to extend the lease
• The lease is backed by FQSR, LLC a subsidary of KBP Foods that has over 800 units in this entity
• Approximately 9+ years remaining on the base term with 2 (5-year) option periods to extend the lease
• The lease is backed by FQSR, LLC a subsidary of KBP Foods that has over 800 units in this entity
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,474 SF
Building Class
C
Year Built
1975
Price
$1,821,000
Price Per SF
$736.05
Cap Rate
7.10%
NOI
$129,291
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.41 AC
Zoning
N/Av,Cook
Parking
22 Spaces (8.8 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
KFC began in 1952 when Colonel Harland Sanders expanded a fried chicken recipe into the first Kentucky Fried Chicken franchise in Utah, building on earlier work in Kentucky. The company now operates as a global chicken restaurant brand and a subsidiary of Yum! Brands, with a menu centred on fried chicken, chicken sandwiches, tenders, bowls, sides and beverages. KFC's business spans restaurant operations, franchising, digital ordering and brand marketing across a wide international network. The company continues to focus on fried chicken as its core offer while adapting menus for local markets and supporting community programmes.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $79,559 | |
| Land Assessment | $13,500 | Total Assessment | $93,059 |
Property Taxes
Parcel Numbers
Land Assessment
$13,500
Improvements Assessment
$79,559
Total Assessment
$93,059
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