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Kfc | Taco Bell (800+ Unit Guaranty) – Vandalia, Il

$1,827,000

2737 Veterans Avenue, Vandalia, IL 62471

Active
Last Updated: 12/04/2025

6.5

Cap Rate

118,770

NOI

Details:
Cap Rate:    6.5%
NOI:    $118,770
Building Size:    3,290 sqft
Lot Area:    1.17 acres
Occupancy:    100%
Lease Type:    Absolute Net
Year Built:    2019
Zoning:    C
Tenancy:    Single
Lease Expire Year:    09/29/2039
Highlights:
  • LONG-TERM ABSOLUTE NNN LEASE: Over 14 years remaining on initial 20-year Absolute NNN lease with attractive 7.00% rental escalations every 5 years with two 5-year options to renew
  • OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,055 locations across 4 brands in 32 states. Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) 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 - this location is grandfathered in offering the best of YUM! Brands under one roof!
  • LARGE PARCEL | TRAFFIC COUNTS: Highway location - prominently situated on a large ±1.17-acre lot with excellent visibility along US-40/Veterans Avenue with traffic counts of 11,116 CPD! Conveniently located just south of I-70 with additional exposure to traffic counts of 33,503 CPD!
  • 2025 DEMOGRAPHICS: Total Population (5MI): 9,255 | Average Household Income (1MI): $86,703
Description:

KFC | TB has Over 14 years remaining on initial 20-year Absolute NNN lease with attractive 7.00% rental escalations every 5 years with two 5-year options to renew. Parent Company of KBP Foods operates ±1,055 locations across 4 brands in 32 states. Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations with anticipated sales in excess of $1.1 billion in 2025!

YUM! Brands is no longer issuing new dual brand franchise agreements - this location is grandfathered in offering the best of YUM! Brands under one roof! The Asset has a Highway location - prominently situated on a large ±1.17-acre lot with excellent visibility along US-40/Veterans Avenue with traffic counts of 11,116 CPD! Conveniently located just south of I-70 with additional exposure to traffic counts of 33,503 CPD! Major retailers in Vandalia include Walmart, Rural King, ALDI, Dollar Tree, Dollar General, Goodwill, Rent-A-Center, True Value, R.P. Lumber, Midwest Tractor Sales, AutoZone, O’Reilly Auto Parts, NAPA Auto Parts, Verizon, AT&T, YMCA; Dining options include McDonald’s, Burger King, Wendy’s, Sonic Drive-In, Arby’s, Subway, Daylight Donuts; Hotel & Lodging includes Ramada, Holiday Inn, America’s Best Value Inn, and Quality Inn. Vandalia has 3 public schools within the 2-mile vicinity, serving 1,446 students; 2 miles from Sarah Bush Lincoln Fayette County Hospital (SBLFCH) - a critical access hospital with 25 beds and is a licensed long-term care facility with more than 300 employees, offering primary & specialty care, 24/7 Emergency Department.

Map:
Documents:
Title
kfctb.vandalia_PKG.pdf
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Location
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