614 W Raab Rd | Normal, IL 61761
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- LoopNet Team
614 W Raab Rd
Normal, IL 61761
Steak 'n Shake | $1.2M Corporate QSR · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2 Years Remaining | Corporate Signed Lease | Options to Extend | General Business Zoning | Historical Occupancy
- Just Off Interstate 55 | On/Off Ramp Access | Drive-Thru Equipped | Proposed New Expanded Bus Stop Location
- Healthy Demographics in Dense 5-Mile Trade Area
- Absolute NNN | Land & Building Ownership | Zero Landlord Responsibilities
- Close Proximity to Two College Campuses (25,900+ Students) | Direct Consumer Base | Nearby National/Credit Tenants
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,490 SF
Building Class
B
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.98 AC
Zoning
B-1 - General Business District
Parking
61 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Freeway Visibility
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 14-16-351-011 | Improvements Assessment | $207,666 |
| Land Assessment | $83,367 | Total Assessment | $291,033 |
PROPERTY TAXES
Parcel Number
14-16-351-011
Land Assessment
$83,367
Improvements Assessment
$207,666
Total Assessment
$291,033
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