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826 Broadway St
Quincy, IL 62301
Taco Bell: Brand New 20 Yr Absolute NNN Lse · Retail Property For Sale
PROPERTY FACTS
ABOUT 826 BROADWAY ST , QUINCY, IL 62301
Taco Bell 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 Investments, LLC dba. KBP Foods is a 720+ unit operator that encompasses all restaurant locations in 23 states and will generate sales in excess of $800 million in 2019. This asset is an extremely high sales volume location (well above national average, and has been successfully open and operating since 2014 with an attractive 8.01% rent-to-sales ratio. Taco Bell is located in Quincy, Illinois on the main east/west thoroughfare in Quincy with excellent drive-by visibility. Nearby retailers include: Family Dollar, Dollar General, County Market, Walgreens, O’Reilly Auto Parts, Boost Mobile, Walmart Supercenter, Kohl’s, Lowe’s Home Improvement, The Home Depot, Menards, Ashley Homestore, Dick’s Sporting Goods, Farm & Home Supply, Sam’s Club, Hobby Lobby, Big Lots, Slumberland Furniture, Hy-Vee, ALDI, JOANN Fabrics, Staples, Old Navy, T.J. Maxx, Maurices, Five Below, Petco, Save-A-Lot, Dollar Tree, Hibbett Sports, Harbor Freight Tools, Goodwill, CATO, CVS Pharmacy, Advance Auto Parts, AutoZone, AMC Theatres, etc. The subject location is 1 mile from Quincy University (enrollment of 1,100) and less than half a mile from Blessing Hospital (307 beds). *In Association with Illinois Local Broker: Travis R. Tarrant, Tarrant & Harman Real Estate and Auction #471016673
PROPERTY TAXES
| Parcel Number | 23-1-0719-000-00 | Improvements Assessment | $115,650 |
| Land Assessment | $58,120 | Total Assessment | $173,770 |
PROPERTY TAXES
