KFC – NNN Chicago Metro
7445 South Stony Island Avenue, Chicago, IL, USA Map
Listing Price $2,000,000
| Status | Active |
| Lease Type | Absolute Net |
| Property Type | Retail |
| CAP Rate | 4.71% |
| GLA (Sq. Ft.) | 3,000 |
| NOI | $94,160 |
| Lease Term Remaining | 12.7 Years |
| Increases | 10% Every 5 Years |
| Options | 3 x 5 Years |
| State (BOR) | IL |
| Broker of Record | Steven Weinstock |
| License # (BOR) | 471.011175 |
Investment Highlights
- This Location Ranks in the Top 10% of all KFCs in the State of Illinois and
the Top 15% of all KFCs in the Nation (Placer.ai) - Robust Traffic Counts on 1600 E (53,843) and Sits Half
a Mile from the Stony Island Metro Station (Source:
LandVision, CoStar, 2015) - Tenant KBP Brands Operates Over 1,000 Restaurants in 28 States and has
Surpassed One Billion Dollars in Annual Revenue and Currently is Working
to Complete Renovations to the Location in 2025 - Well Established Retail Corridor | Nearby National
Retailers Include: Aldi, White Castle, Taco Bell, Popeyes,
Save A Lot, Burger King, Dollar Tree, Starbucks, Dunkin,
and More - Thriving Community Near Jackson Park with an Average Household Income
of Over $60k within Five Miles of the Subject Asset, as of 2023 - Subject is Eight Miles from Chicago Midway International
Airport, Serving Over 20 Million Passengers Annually
(flychicago.com) - Parks and Outdoor Recreational Facilities Nearby Include:
Oak Woods Cemetary, Jackson Park, Midway Plaisance
Park, South Shore Beach, Rainbow Beach Park, and More - Subject is Nine Miles from Downtown Chicago with a
Population of 2.7 Million
Investment Overview
Subject is a Prime 3,000 Square-Foot KFC on a 0.53-Acre Lot with DriveThru, Ample Parking, Pylon Signage, Easy Ingress/Egress, and Strategically Located on a Signalized Intersection. Absolute NNN KFC Lease with Just Under 13 Years Remaining, and Zero Landlord Responsibility | 1.95% Rental Increase in 2028, and 10% in Options, 2 x 5-Year Options.
