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Golden Corral
Springfield, IL 62703
Golden Corral - Absolute NNN - 17.5 Years · Retail Property For Sale
PROPERTY FACTS
ABOUT GOLDEN CORRAL , SPRINGFIELD, IL 62703
17.5 Years Lease Term Remaining. STRONG SALES - Over 4.7 Million! We are pleased to offer to qualified investors an opportunity to purchase a single tenant investment located in the capital city of Illinois that is fully leased to Golden Corral with 17.5 years on an original 20 year lease term. This lease has fixed rental increases of 10% every 5 years; providing an investor with strong inflation protection and long-term stable cash flow backed by proven sales volumes. This is an absolute NNN lease with 4 - 5 Year option periods with the same 10% increases at each option renewal. The property is comprised of a 11,080 square foot building and sits on a lot size of approximately 2.6 acres.
PROPERTY TAXES
| Parcel Number | 22-15.0-376-002 | Improvements Assessment | $377,814 |
| Land Assessment | $190,459 | Total Assessment | $568,273 |
PROPERTY TAXES
