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KFC & Taco Bell 634 W Main St 4,494 SF Retail Building Benton, IL 62812 $2,970,731 ($661.04/SF) 6.15% Cap Rate



INVESTMENT HIGHLIGHTS
- Elite Performing Location | Ranked among the top 5% of KFC stores nationwide in sales
- Recent and Upcoming Remodels | The property underwent a significant remodel in 2018, with another renovation scheduled for 2028, further demonstrating
- Prime Freeway Access | Ideally situated just off I-57 on Main Street, which sees a combined 55,000 vehicles per day
- Brand New Lease | The tenant recently signed a brand new 20-year lease in October 2024 showing incredible commitment to the location and market
- Absolute NNN Lease from Top Operator | Tasty Restaurant Group operates over 470 restaurants in 22 states
- Strategic Location | 0.1 Miles from a Walmart Supercenter which sees over 2 million annual visitors
EXECUTIVE SUMMARY
CBRE is pleased to present an elite-performing, dual-tenant, KFC & Taco Bell for sale located at 634 West Main Street in Benton, Illinois. The property includes a 4,494 SF building on a 0.74 ACRE parcel and benefits from being situated just off Interstate 57 and on Main Street which sees a combined 55,000 vehicles per day. The tenant has shown incredible commitment to the location and market by signing a brand new 20-year lease in October 2024. The property underwent a significant remodel in 2018, with another renovation scheduled for 2028, further demonstrating the tenant’s dedication to the site.
The Lease is backed by Tasty Restaurant Group (TRG), which operates 470+ restaurants across 22 states. The Absolute NNN Lease calls for zero landlord responsibilities whatsoever and contains 1.5% rental increases annually with 4-Five Year Options, providing a strong hedge against inflation. The asset is situated in the town’s main retail corridor and just down the street from a Walmart Supercenter which sees over 2 million visitors per year.
The Lease is backed by Tasty Restaurant Group (TRG), which operates 470+ restaurants across 22 states. The Absolute NNN Lease calls for zero landlord responsibilities whatsoever and contains 1.5% rental increases annually with 4-Five Year Options, providing a strong hedge against inflation. The asset is situated in the town’s main retail corridor and just down the street from a Walmart Supercenter which sees over 2 million visitors per year.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
4,494 SF
Year Built/Renovated
2000/2018
Price
$2,970,731
Price Per SF
$661.04
Cap Rate
6.15%
NOI
$182,700
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.74 AC
Opportunity Zone
Yes
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- KFC
- -
- -
- -
- -
- Taco Bell
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| KFC | - | - | - | - | ||
| Taco Bell | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08-18-354-034 | Improvements Assessment | $423,240 |
| Land Assessment | $74,350 | Total Assessment | $497,590 |
PROPERTY TAXES
Parcel Number
08-18-354-034
Land Assessment
$74,350
Improvements Assessment
$423,240
Total Assessment
$497,590
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KFC & Taco Bell | 634 W Main St
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