244 W Morton Ave
Jacksonville, IL 62650

KFC 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 Foods, is the largest KFC franchisee in the US operating 760 locations in 25 states and will generate sales in excess of $825 million in 2020. This asset has been successfully open and operating since 2004 with an attractive 8.05% rent-to-sales ratio and was recently remodeled to KFC’s newest “American Showman” prototype in 2019 – showing the tenant’s commitment to the location. KFC is located in Jacksonville, Illinois just off a hard corner, with excellent drive-by visibility. Nearby retailers in Walmart Supercenter, Home Depot, ALDI, Ashley HomeStore, Ace Hardware, JCPenney, Glik’s, R.P. Lumber, Family Dollar, Dollar Tree, Dollar General, Pet Supplies Plus, Aaron’s, AutoZone, O’Reilly Auto Parts, NAPA Auto Parts, Goodwill, The Salvation Army Family Store, Walgreens, CVS, etc. The subject location is one mile from Illinois College (enrollment of 1,048), MacMurray College (550 students), and 2 miles from Passavant Area Hospital (93 beds). *In Association with Illinois Local Broker: Travis R. Tarrant, Tarrant & Harman Real Estate and Auction #47106673