Kfc
$1,410,000
1470 Elmhurst Road, Mount Prospect, IL 60056
For Sale
Retail
Active
Last Updated: 07/11/2025
7
Cap Rate
99,000
NOI
Details:
Cap Rate: 7%
NOI: $99,000
Building Size: 2,900 sqft
Occupancy: 100%
Year Built: 1990
Highlights:
- BELOW MARKET LEASE | 5 YEARS REMAINING | NO EXTENSION OPTIONS
- 0.77 ACRE OUTLOT WITH 260 FEET OF FRONTAGE ON ELMHURST ROAD
- NNN GROUND LEASE | ZERO LANDLORD RESPONSIBILITIES | NEW PARKING LOT
- LARGEST KFC FRANCHISEE ON LEASE | 800+ UNITS
- AFFLUENT CUSTOMER BASE | AVERAGE HOUSEHOLD INCOME OF $117K WITHIN 3 MILES
Description:
Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in the 0.77 square foot parcel leased to KFC located at the entrance to Mount Prospect Center off Elmhurst Road (US-83) in Mount Prospect, Illinois. The subject offering features a 5-year ground lease at a below market rent of $99,000 annually with no options remaining.
Documents:
| Title | ||
|---|---|---|
| KFC_-_Mount_Prospect_OM.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
