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2737 Veterans Ave
Vandalia, IL 62471
KFC | TB - VANDALIA, IL · Retail Property For Sale
Investment Highlights
- LONG-TERM ABSOLUTE NNN LEASE: Over 14 years remaining on initial 20-year Absolute NNN lease with attractive 7.00% rental escalations
- Encompasses ±800 locations with anticipated sales in excess of $1.1 billion in 2025!
- LARGE PARCEL | TRAFFIC COUNTS: Highway location - prominently situated on a large ±1.17-acre lot with excellent visibility along US-40/Veterans Aven
- OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,055 locations across 4 brands in 32 states. Tenant - FQSR, LLC
- RARE DUAL BRANDED CONCEPT: YUM! Brands is no longer issuing new dual brand franchise agreements
- 2025 DEMOGRAPHICS: Total Population (5MI): 9,255 | Average Household Income (1MI): $86,703
Executive Summary
(Building & Land) Fee Simple
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,290 SF
Building Class
B
Year Built/Renovated
2002/2019
Price
$1,827,000
Price Per SF
$555.32
Cap Rate
6.50%
NOI
$118,770
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.17 AC
Zoning
Commercial
Frontage
115’ on Veterans Avenue
Amenities
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 18-14-18-201-008 | Improvements Assessment | $175,526 |
| Land Assessment | $3,863 | Total Assessment | $179,389 |
Property Taxes
Parcel Number
18-14-18-201-008
Land Assessment
$3,863
Improvements Assessment
$175,526
Total Assessment
$179,389
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