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16791 Torrence Ave
Lansing, IL 60438
Retail Property For Sale
Investment Highlights
- Corporately Guaranteed NNN Burger King (S&P Rated: BB) Ground Lease in Lansing (Chicago MSA), Illinois
- Low /Replaceable Rent
- Burger King Has Been Operating Out of This Location Since 1986
- Burger King Extended 15 Years in 2013 Demonstrating a Strong Commitment to the Location – Over 6 Years Remaining
- 10% Rental Increases Every 5 Years – 3, 5-Year Options to Renew
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,670 SF
Building Class
C
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.28 AC
Zoning
B-3
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
45’ on Torrence Ave
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 30-19-300-025-0000 | Improvements Assessment | $117,295 |
| Land Assessment | $9,113 | Total Assessment | $126,408 |
Property Taxes
Parcel Number
30-19-300-025-0000
Land Assessment
$9,113
Improvements Assessment
$117,295
Total Assessment
$126,408
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