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2737 Veterans Ave
Vandalia, IL 62471

$1,827,000 USD

Fast Food For Sale  •  3,290 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,290 SF
  • Lot Size 1.17 AC
  • Building Class B
  • Year Built 2002
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
27 Walk Score

Highlights

LONG-TERM ABSOLUTE NNN LEASE: Over 14 years remaining on initial 20-year Absolute NNN lease with attractive 7.00% rental escalations
OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,055 locations across 4 brands in 32 states. Tenant - FQSR, LLC
Encompasses ±800 locations with anticipated sales in excess of $1.1 billion in 2025!
RARE DUAL BRANDED CONCEPT: YUM! Brands is no longer issuing new dual brand franchise agreements
LARGE PARCEL | TRAFFIC COUNTS: Highway location - prominently situated on a large ±1.17-acre lot with excellent visibility along US-40/Veterans Aven
2025 DEMOGRAPHICS: Total Population (5MI): 9,255 | Average Household Income (1MI): $86,703
Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
KFC
Taco Bell

Amenities

  • Restaurant
  • Signage
  • Drive Thru

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC