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Papa John's 621 N Main St 1,757 SF Retail Building Canton, IL 61520 $745,000 ($424.02/SF) 7.25% Cap Rate



INVESTMENT HIGHLIGHTS
- Absolute NNN Lease - No Landlord Responsibilities
- Strong Rent to Sales Ratio of 4.5%
- 25+ Years of Operating History at this Location
- Long Term Lease with 10 Years Remaining
- $25,000 In Tenant Improvements In 2025
- Situated at the Signalized Intersection of Main Street and East Vine Street
EXECUTIVE SUMMARY
Absolute NNN Lease - No Landlord Responsibilities
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,757 SF
Building Class
C
Year Built
1997
Price
$745,000
Price Per SF
$424.02
Cap Rate
7.25%
NOI
$54,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.41 AC
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 09-08-272-110-04 | Improvements Assessment | $26,340 |
| Land Assessment | $19,660 | Total Assessment | $46,000 |
PROPERTY TAXES
Parcel Number
09-08-272-110-04
Land Assessment
$19,660
Improvements Assessment
$26,340
Total Assessment
$46,000
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Papa John's | 621 N Main St
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