9 Corvette Dr
Litchfield, IL 62056

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 operator in the US with 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 2005 with an attractive 7.08% rent-to-sales ratio and was recently remodeled to KFC’s newest “American Showman” prototype in 2019 – showing tenant’s commitment to the location! KFC is located in Litchfield, Illinois just east of I-55 and north of IL-16 with excellent drive-by visibility! Nearby retailers include: Walmart Supercenter, ALDI, Rural King, RP Lumber, Dollar Tree, Dollar General, Sears Hometown, Aaron’s, Maurices, Hibbett Sports, Gliks, Shoe Sensation, Goodwill, Salvation Army Family Store, Walgreens, NAPA Auto Parts, AT&T Store, etc. The city of Litchfield has 6 public schools with a total enrollment of 1,438. The subject location is 1 mile from Lincolon Land Community College Litchfield Outreach Center and 2 miles from HSHS St. Francis Hospital (25 beds). *In Association with Illinois Local Broker: Travis R. Tarrant, Tarrant and Harman Real Estate and Auction #47106673