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- LoopNet Team
4503 W Elm St
McHenry, IL 60050
KFC: Brand New 20 Year Absolute NNN Lse · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Signage
- Drive Thru
ABOUT 4503 W ELM ST , MCHENRY, IL 60050
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 739+ locations in 23 states, and will generate sales in excess of $825 million in 2020. This asset is slated for remodel (at tenant’s cost) by 2020 – showing the tenant’s commitment to the location. KFC is located in McHenry, Illinois on the main east/west thoroughfare with excellent drive-by visibility. Nearby retailers include: Jewel-Osco, Dollar Tree, Dollar General, The Salvation Army Family Store, AutoZone, O’Reilly Auto Parts, Walmart Supercenter, Kohl’s, Hobby Lobby, Home Depot, Meijer, Stock+Field, ALDI, Dick’s Sporting Goods, Bed Bath & Beyond, Michaels, JCPenney, T.J. Maxx, Old Navy, JOANN Fabrics, DSW, PetSmart, Petco, Five Below, Goodwill, Ulta Beauty, etc. The subject location has 10 public schools with a total enrollment of over 6,690 and 3 miles Northwestern Medical McHenry (179 beds). *In Association with Illinois Local Broker: Travis R. Tarrant, Tarrant & Harman Real Estate and Auction #471016673
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $177,024 | |
| Land Assessment | $88,060 | Total Assessment | $265,084 |
PROPERTY TAXES
