1310 WALTON way | Centralia, IL 62801
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1310 WALTON way
Centralia, IL 62801
KFC - CENTRALIA, IL · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±832 locations (+20% of KFC locations in the U.S. system)
- Situated on a Walmart pad site in Centralia’s dominant retail corridor on a ±0.743- acre lot with excellent visibility/access
- Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states.
- New, high-quality, build-to-suit construction of KFC’s first drive-thru/walk-up prototype in the nation with limited interior dining and 6-car stack
- 2023 DEMOGRAPHICS: Total Population (5-MI): 18,972 | Average Household Income (1-MI): $88,840
Executive Summary
(Building & Land) Fee Simple
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,424 SF
Building Class
C
Year Built
2025
Price
$1,778,000
Price Per SF
$1,249
Cap Rate
5.85%
NOI
$104,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.34 AC
Zoning
C
Frontage
Amenities
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 15-14-12-301-002 | Improvements Assessment | $0 |
| Land Assessment | $72,960 | Total Assessment | $72,960 |
PROPERTY TAXES
Parcel Number
15-14-12-301-002
Land Assessment
$72,960
Improvements Assessment
$0
Total Assessment
$72,960
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