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- LoopNet Team
2737 Veterans Ave
Vandalia, IL 62471
KFC/Taco Bell: New 20 Year Absolute NNN Lse · Retail Property For Sale
PROPERTY FACTS
- Fast Food
- General Retail Bank
- General Retail Freestanding
- General Retail Restaurant
Amenities
- Drive Thru
About 2737 Veterans Ave , Vandalia, IL 62471
KFC/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 (RARE DUAL BRAND CONCEPT). The tenant, KBP Foods, is the largest KFC franchisee in the US operating 70+ locations in 23 states and will generate sales in excess of $800 million in 2019. This high volume location has been successfully open and operating since 2002 with an attractive 8.03% 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/Taco Bell is located in Vandalia, Illinois on a large 1.17 acre lot just south of I-70 with excellent drive-by visibility. Nearby retailers include: Walmart Supercenter, Rural King, ALDI, Dollar Tree, Dollar General, Goodwill, Rent-A-Center, True Value Hardware, Midwest Tractor Sales, AutoZone, O’Reilly Auto Parts, NAPA Auto Parts, Verizon, AT&T, Family Video, etc. The subject location is just 2 miles from Fayette County Hospital (85 beds) and is in a 2 mile vicinity of 3 public schools with a total enrollment of over 1,460 students. *In Association with Illinois Local Broker: Travis R. Tarrant, Tarrant & Harman Real Estate & Auction #471016673
Links
PROPERTY TAXES
Parcel Number | 18-14-18-201-008 | Improvements Assessment | $156,860 |
Land Assessment | $3,452 | Total Assessment | $160,312 |
PROPERTY TAXES
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Listing ID: 17292615
Date on Market: 9/25/2019
Last Updated:
Address: 2737 Veterans Ave, Vandalia, IL 62471
The Retail Property at 2737 Veterans Ave, Vandalia, IL 62471 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.