Milan, IL 61264

KFC

Property Address

895 4th St W, Milan, IL, USA

Offering Summary

  • Price: $1,284,000
  • Lot Size: .34 Acres
  • Cap Rate: 5.75%
  • Year Built: 1997
  • Building SF: 2,384
  • Status: Available
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  • Absolute Triple-Net (NNN) Lease with 11.5 Years Remaining - Drive Thru Location
  • Franchisee and Lease Guarantor is an 800+ Unit Operator of KFC and Taco Bell - Over $1 Billion in Sales
  • 10 Percent Rental Increases Every Five Years
  • 67,905 Residents within a Five-Mile Radius - Quad Cities MSA
  • Adjacent to Hy-Vee Grocery Store and Surrounded by National Retailers - Walgreens, Pizza Hut, CVS, Dollar Tree, and More
  • Easily Accessible via I-280, a Major Connector for the Quad Cities Area
  • Less Than a 10-Minute Drive from Quad Cities International Airport
  • Average Household Income Exceeds $77,000 within a Three-Mile Radius

Broker Information