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2780 Belvidere Rd
Waukegan, IL 60085

$2,151,481 USD

Fast Food For Sale  •  2,600 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,600 SF
  • Lot Size 0.7 AC
  • Building Class C
  • Year Built 2000
  • Tenancy Single
  • Zoning 60
30 Transit Score
60 Walk Score

Highlights

Absolute Net Lease | Zero Landlord Responsibilities
Annual Rent Increases - Lease Benefits From Annual Rent Increases Of 1.25x The Increase In CPI Annually (Capped at 1.50%)
10+ Years Remain on an Original 20-Year Lease With Four (4) - Five (5) Year Options To Renew
60+ Unit Guarantor By Bell Great Lakes, LLC, an Affiliate Of Flynn Restaurant Group, Which Holds The Title For Largest Franchise Operator In The USA
Top Performing Location With a Healthy Rent-To-Sales Ratio | 6.35% In 2022, 2023, and 2024 | Ranked 44 out of 152 Taco Bell Locations in 50 Miles
5-Mile Population: 150,000

Amenities

  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Waukegan Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 2.7 mi
North Chicago Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 8 min - 3.4 mi
AirportDriveWalkDistance
Chicago O'Hare International 42 min - 31.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 33
Type: Surface
Included in Rent: Yes
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services