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KFC | Adjacent to Huge Proposed Development 4349 211th St 5,116 SF Retail Building Matteson, IL 60443 $2,416,000 ($472.24/SF) 7% Cap Rate
Investment Highlights
- KBP Foods Operator (1,100+ Units) | 9+ Years Remaining | Strong Gurantor
- Click here for more info
- 50-acre development that will include the Matteson Children’s Museum, 613 residential units, 200,000 SF of commercial space, and around 31 acres of sports and recreational use
Executive Summary
• The subject property is operated by KBP foods one of the largest operators in America with 1,100+ units operating other brands like Taco Bell, Sonic, KFC, and Arby’s.
• Approximately 9+ years remaining on the base term with 2 (5-year) option periods to extend the lease
• The lease is backed by FQSR, LLC a subsidary of KBP Foods that has over 800 units in this entity
• Approximately 9+ years remaining on the base term with 2 (5-year) option periods to extend the lease
• The lease is backed by FQSR, LLC a subsidary of KBP Foods that has over 800 units in this entity
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,116 SF
Building Class
C
Year Built
1971
Price
$2,416,000
Price Per SF
$472.24
Cap Rate
7%
NOI
$169,120
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.80 AC
Zoning
C-4 - [Commercial] Highway Commercial
Parking
35 Spaces (6.84 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
KFC began in 1952 when Colonel Harland Sanders expanded a fried chicken recipe into the first Kentucky Fried Chicken franchise in Utah, building on earlier work in Kentucky. The company now operates as a global chicken restaurant brand and a subsidiary of Yum! Brands, with a menu centred on fried chicken, chicken sandwiches, tenders, bowls, sides and beverages. KFC's business spans restaurant operations, franchising, digital ordering and brand marketing across a wide international network. The company continues to focus on fried chicken as its core offer while adapting menus for local markets and supporting community programmes.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 31-22-400-002-0000 | Improvements Assessment | $194,059 |
| Land Assessment | $26,190 | Total Assessment | $220,249 |
Property Taxes
Parcel Number
31-22-400-002-0000
Land Assessment
$26,190
Improvements Assessment
$194,059
Total Assessment
$220,249
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