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420 W Jackson St
Macomb, IL 61455
Taco Bell: Brand New 20-Year Absolute NNN Lse · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,963 SF
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.37 AC
Zoning
B2
Parking
44 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
59’ on West Jackson Street

ABOUT 420 W JACKSON ST , MACOMB, IL 61455

Taco Bell has a brand new 20-year Absolute NNN lease with attractive 7% rental escalations every 5 years and two 5-year renewal options. The tenant, KBP Investments, LLC dba. KBP Foods is a 720+ unit operator that encompasses all restaurant locations in 23 states and will generate sales in excess of $800 million in 2019. This high-volume sales location has been successfully open and operating since 2009 with an attractive 8.02% rent-to-sales ratio! Taco Bell is located in Macomb, Illinois on a large 1.268 acre lot (in Downtown Macomb) with excellent access and great drive-by visibility. Nearby retailers include: Walmart Supercenter, Farm King, Hy-Vee, ALDI, Dollar Tree, Dollar General, Goodwill, Maurices, Cato, Hibbett Sports, Rent-A-Center, Walgreens, CVS, Sally Beauty, AutoZone, Carquest Auto Parts, Verizon, US Cellular, Sherwin Williams, Rialto Cinemas, etc. The subject location in 1.5 miles from Western Illinois University (enrollment of 6,432) and less than 2 miles from McDonough District Hospital (MDH) (48 beds). *In Association with Illinois Local Broker: Travis R. Tarrant, Tarrant & Harman Real Estate and Auction #471016673

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 11-100-622-00
  • 11-100-631-00
  • 11-100-625-00
Land Assessment
$62,417
Improvements Assessment
$279,305
Total Assessment
$341,722
  • Listing ID: 17638421

  • Date on Market: 11/5/2019

  • Last Updated:

  • Address: 420 W Jackson St, Macomb, IL 61455

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