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KFC | TB - VANDALIA, IL 2737 Veterans Ave 3,290 SF Retail Building Vandalia, IL 62471 $1,827,000 ($555.32/SF) 6.50% Cap Rate

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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
Fast Food
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

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • -

KFC, a subsidiary of Yum! Brands, Inc. (NYSE: YUM.), is a global chicken restaurant brand with a rich, decades-long history of success and innovation. It all started with one cook, Colonel Harland Sanders, who created a finger lickin’ good recipe decades years ago, a list of secret herbs and spices scratched out on the back of the door to his kitchen. Today they still follow his formula for success, with real cooks breading and freshly preparing their delicious chicken by hand in tens of thousands of restaurants around the world.

  • Accommodation and Food Services
  • -
  • -
  • -

Taco Bell was born and raised in California and has been around since 1962. They went from selling everyone’s favorite Crunchy Tacos on the West Coast to a global brand. They're not only the largest Mexican-inspired quick service brand (QSR) in the world, they’re also part of the biggest restaurant group in the world: Yum! Brands. Much of their fan love and authentic connection with their communities are rooted in being rebels with a cause. From ensuring they use high quality, sustainable ingredients to elevating restaurant technology in ways that hasn’t been done before, they will continue to be inclusive, bold, challenge the status quo and push industry boundaries. They’re a company that celebrates and advocates for different, has bold self-expression, strives for a better future, and brings the fun while they’re at it. They fuel their culture with real people who bring unique experiences. They inspire and enable their teams and the world to Live Más.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Accommodation and Food Services - - -
Accommodation and Food Services - - -

NEARBY MAJOR RETAILERS

First Bank
Ponderosa Steakhouse
Rent-A-Center
Denny's
The YMCA
Midland States Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-14-18-201-008
Land Assessment
$3,863
Improvements Assessment
$175,526
Total Assessment
$179,389
  • Listing ID: 38505804

  • Date on Market: 11/19/2025

  • Last Updated:

  • Address: 2737 Veterans Ave, Vandalia, IL 62471

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