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2942 Riverstone Ct
Kankakee, IL 60901
KFC | DriveThru | Abs NNN | Recent Renovation · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 8 Years Remaining | Franchisee Guaranteed | Scheduled Rental Increases | Recently Renovated
  • Located Along Interstate 57 | Drive-Thru Equipped | Adjacent to Walmart Supercenter | Direct Consumer Base
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong Demographics in 5-Mile Trade Area

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,500 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.08 AC
Zoning
C2
Parking
28 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
116’ on Riverstone Pkwy

AMENITIES

  • Corner Lot
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signalized Intersection
  • Drive Thru

ABOUT 2942 RIVERSTONE CT , KANKAKEE, IL 60901

Taco Bell is strategically located along Interstate 57, the primary north/south commuter thoroughfare traveling throughout Kankakee, averaging 22,100 vehicles passing by daily. The property has significant amounts of street frontage along U.S. Highway 52 with prominent pylon signage and multiple points of ingress/egress. The building is equipped with a drive-thru, providing ease and convenience for customers. On average, stores with drive-thrus experience higher sales than those without. Taco Bell is ideally situated adjacent to a 24-hour Walmart Supercenter, increasing consumer draw to the immediate trade area and promoting crossover store exposure for the site. Additionally, the property is located directly across from Hilton Garden Inn (110 rooms) and just 2.25 miles south of Kankakee Community College (3,400 students), providing the restaurant with a direct consumer base from which to draw. The 5-mile trade area is supported by more than 41,000 residents and 28,000 daytime employees. Residents within a 1-mile radius feature an average household income of $76,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-17-17-308-001
Land Assessment
$21,600
Improvements Assessment
$478,400
Total Assessment
$500,000
  • Listing ID: 18840160

  • Date on Market: 3/12/2020

  • Last Updated:

  • Address: 2942 Riverstone Ct, Kankakee, IL 60901

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