1414 E Main St | Robinson, IL 62454
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- LoopNet Team
1414 E Main St
Robinson, IL 62454
Abs NNN Taco Bell | Strong Sales | 5.65% CAP · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Taco Bell Absolute NNN Lease with 10.6 Years Remaining in Robinson, IL, Can Be Purchased Individually or as a Portfolio
- Sales Figures Equate to a Low 6.8% Rentto- Sales Ratio
- 1.5% Annual Rent Increases in Current Term & 2% Increases in Options
- Top-Tier Franchisee: Bell American Group – 3rd Largest Taco Bell Franchisee with 282 Taco Bell Units in 9 States
- Expressed Strong Commitment to Site via Recent 12-Year Extension of Original 15-Year Lease that Commenced in 2006, Taking Current Lease Term into 2033
- Shadowed by the Only Walmart in Market Seeing 1.3 Million Annual Customer Visits; Located Just off Main Access Road to Walmart
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,019 SF
Building Class
C
Year Built
1994
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.83 AC
Parking
35 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
287’ on East Main Street
PROPERTY TAXES
| Parcel Number | 05-4-34-020-064-005 | Improvements Assessment | $161,344 |
| Land Assessment | $35,509 | Total Assessment | $196,853 |
PROPERTY TAXES
Parcel Number
05-4-34-020-064-005
Land Assessment
$35,509
Improvements Assessment
$161,344
Total Assessment
$196,853
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