This Retail Property is no longer advertised on LoopNet.com.

1708 Philo Rd
Urbana, IL 61802
Burger King | 2020 Remodel | 10-Yr NNN | IL · Retail Property For Sale

Investment Highlights

  • • Newly remodeled | 2020 | $300K update
  • • Desirable lease term | 10 years | 7.50% Rent Increases every 5 Years
  • • Experienced operator with personal guaranty | 22 locations with plans to open 4+ new locations over the next 4 years

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,860 SF
Building Class
C
Year Built/Renovated
2009/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.69 AC
Zoning
C1
Parking
28 Spaces (9.79 Spaces per 1,000 SF Leased)
Frontage
126’ on Philo Rd

Property Taxes

Property Taxes

Parcel Number
93-21-21-201-011
Land Assessment
$150,830
Improvements Assessment
$148,210
Total Assessment
$299,040
  • Listing ID: 22498533

  • Date on Market: 3/17/2021

  • Last Updated:

  • Address: 1708 Philo Rd, Urbana, IL 61802

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