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1151 Vaughn Rd
Wood River, IL 62095
Burger King · Retail Property For Sale
PROPERTY FACTS
ABOUT 1151 VAUGHN RD , WOOD RIVER, IL 62095
LEASE: Growing Cash Flow – Lease has 7.5% increases scheduled at the start of every 5 years Ideal for Out-of-State Investors – Absolute NNN – Tenant takes care of all maintenance, taxes, insurance, roof and structure PROPERTY: Main Retail Corridor – Nearby national tenants include Walgreens, McDonald’s, Pizza Hut, U.S. Bank, Long John Silvers, Advanced Auto Parts, Dairy Queen, among others Target Demographics – Average household income exceeds $64,000 in a 1-mile, $63,900 in a 3-mile, and $64,500 in a 5-mile TENANT: Strong Operator - Broadway Restaurant Group operates 55+ locations in the great St. Louis and surrounding markets High Growth Operator – Franchisee has 5+ units in development that are slated for opening in the next 12 months slated for opening in 2018. Franchisee with Strong Fundamentals – Broadway Restaurant Group is a sophisticated operator that is well capitalized with a strategic path for revenue growth and increasing unit count (Contact broker for more details) Iconic Brand – Established in 1954, Burger King has grown into over 15,000 units worldwide
PROPERTY TAXES
| Parcel Number | 19-2-08-22-20-401-027 | Improvements Assessment | $345,760 |
| Land Assessment | $16,900 | Total Assessment | $362,660 |
PROPERTY TAXES
