Popeyes | 4809 W 77th St
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Popeyes 4809 W 77th St
3,432 SF Retail Building Burbank, IL 60459 $2,220,000 ($647/SF) 5.86% Cap Rate
Investment Highlights
- 20 YEAR NET LEASE | ZERO LANDLORD RESPONSIBILITY
- 5 UNIT GUARANTOR | LARGE PARENT COMPANY
- DENSE TRADE AREA | 566K POPULATION WITHIN 5 MILES
- 40 YEAR OPERATING HISTORY | RECENT 20-YEAR EXTENSION
- NATIONAL SHADOW ANCHORS
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,432 SF
Building Class
B
Year Built
1989
Price
$2,220,000
Price Per SF
$647
Cap Rate
5.86%
NOI
$130,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.72
Lot Size
0.11 AC
Parking
40 Spaces (11.66 Spaces per 1,000 SF Leased)
Frontage
132 FT on 77th St
Amenities
- Pylon Sign
- Signage
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 19-28-401-049-0000 | Improvements Assessment | $164,470 |
Land Assessment | $19,992 | Total Assessment | $184,462 |
PROPERTY TAXES
Parcel Number
19-28-401-049-0000
Land Assessment
$19,992
Improvements Assessment
$164,470
Total Assessment
$184,462
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Popeyes | 4809 W 77th St
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