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1940 N State St
Belvidere, IL 61008

$3,500,000 USD

Fast Food For Sale  •  2,350 SF

Property Details

• Property Type Fast Food
• Total Building Size 2,350 SF
• Lot Size 2.84 AC
• Building Class B
• Year Built 2026
• Cap Rate 5.00 %
• Tenancy Single

30 Transit Score

40 Walk Score

Highlights

Excellent Visibility And Accessibility

10% Rent Increases Every 5 Years

Strong Market Demographics

New 15-Year, Absolute NNN Lease

Cap Rate:

5.00 %

Public Transportation

Airport	Drive	Walk	Distance
Chicago/Rockford International	32 min	-	19.6 mi