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- LoopNet Team
434 W Bethalto Dr
Bethalto, IL 62010
KFC: Brand New 20 Year Absolute NNN Lease · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
ABOUT 434 W BETHALTO DR , BETHALTO, IL 62010
KFC 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 Foods, is the largest KFC franchisee in the US operating 760 locations in 25 states and will generate sales in excess of $825 million in 2020. This asset has been successfully open and operating for decades with an attractive 7.08% rent-to-sales ratio and was recently remodeled to KFC’s newest “American Showman” prototype in 2017 – showing the tenant’s commitment to the location. KFC is located in Bethalto, Illinois with excellent drive-by visibility on Bethalto Drive. Nearby retailers include: Walmart Supercenter, Target, Kohl’s, Home Depot, Lowe’s Home Improvement, Schnuck’s, Ross Dress for Less, Office Depot, JCPenney, Harbor Freight Tools, Dollar Tree, Dollar General, Tractor Supply Co., Ace Hardware, Schnuck’s, ALDI, Save A Lot, AMC Theatres, etc. The subject location is 8 miles from Southern Illinois University – Edwardsville (enrollment of 13,061) and 6 miles from Alton Memorial Hospital (123 beds). *In Association with Illinois Local Broker: Travis R. Tarrant, Tarrant & Harman Real Estate and Auction #47106673
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $145,500 | |
| Land Assessment | $37,490 | Total Assessment | $182,990 |
PROPERTY TAXES
