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Investment Highlights

  • Long Term Lease
  • Absolute NNN Lease
  • Strategic Retail Location
  • Scheduled Rent Increases
  • Largest KFC Operator
  • High Traffic Counts

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the single tenant, net leased KFC located at 6040 South Archer Avenue in Chicago, Illinois (the “Property”). The Property is leased to FQSR, LLC, a subsidiary of KBP Brands, the largest KFC Franchisee with over 1,100 restaurant locations across its concepts. The Absolute NNN Lease currently has over 5 years of term remaining, followed by three (3), 5-year renewal options. The lease features attractive 10% rent increases every 5 years throughout the base term and option periods.
The Property is strategically located along S Archer Avenue, a highly trafficked commercial corridor serving Chicago’s Southwest Side. The site benefits from excellent visibility, convenient access, and proximity to a dense residential population base, established retail destinations, and numerous daily-needs services. The Property is positioned near major transportation arteries, including Interstate 55 and Cicero Avenue, providing connectivity throughout the Chicago metropolitan area. Supported by strong surrounding demographics, a well-established trade area, and its location within one of the nation’s largest and most diverse metropolitan markets, the Property offers a compelling opportunity to acquire a mission-critical quick-service restaurant asset with a strong national franchisee and durable long-term demand.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,555 SF
Building Class
B
Year Built
1961
Price
$1,540,000
Price Per SF
$602.74
Cap Rate
5%
NOI
$77,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.50 AC
Zoning
Retail
Parking
30 Spaces

Amenities

  • Signage
  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Triple Net
  • Dec 2031

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
Retailer - - Triple Net Dec 2031
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100

Nearby Major Retailers

Starbucks
Chase Bank
Bank of America
Old National Bank

Property Taxes

Property Taxes

Parcel Number
19-08-419-067-0000
Land Assessment
$81,420
Improvements Assessment
$112,830
Total Assessment
$194,250
  • Listing ID: 41364239

  • Date on Market: 7/20/2026

  • Last Updated:

  • Address: 6040 S Archer Ave, Chicago, IL 60638

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