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1850 Memorial Ln
Wood River, IL 62095
Taco Bell | Top-Tier Franchisee! · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,280 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.68 AC
Parking
42 Spaces (17.5 Spaces per 1,000 SF Leased)
Frontage
216’ on Memorial Ln

Amenities

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

About 1850 MEMORIAL LN , WOOD RIVER, IL 62095

Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer the ground leased interest in this Taco Bell located in Wood River, Illinois, a northern suburb of St. Louis, Missouri. The Tenant, Bell Missouri, LLC, has ten years remaining on an absolute NNN ground lease with four, five-year renewal options. The lease features a 10 percent rental increase forthcoming in 2022. The lease is guaranteed by Bell American Group, the Country’s second largest Taco Bell franchisee operating over 280 locations across nine states. Bell American is part of Flynn Restaurant Group. With more than 1,250 Applebee’s, Taco Bell, Panera, and Arby’s restaurants doing greater than $2.3 billion in sales and directly employing more than 48,000 people in 33 states, Flynn Restaurant Group is the largest franchise operator in the United States.

Property Taxes

Property Taxes

Parcel Number
19-2-08-23-00-000-027
Land Assessment
$28,930
Improvements Assessment
$222,750
Total Assessment
$251,680
  • Listing ID: 16775404

  • Date on Market: 7/31/2019

  • Last Updated:

  • Address: 1850 Memorial Ln, Wood River, IL 62095

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