Matteson, IL - KFC

Description:

• The subject property is operated by KBP foods one of the largest operators in America with 1,100+ units operating other brands like Taco Bell, Sonic, KFC, and Arby’s.
• Approximately 10 years remaining on the base term with 2 (5-year) option periods to extend the lease
• The lease is backed by FQSR, LLC a subsidiary of KBP Foods that has over 840 units in this entity

• Across from the planned Market Square Crossing Development which will replace the former Lincoln Mall | 50-acre development that will include the Matteson Children’s Museum, 613 residential units, 200,000 SF of commercial space, and around 31 acres of sports and recreational use
• The subject property is located in proximity from a Home Depot anchored center with other national/credit tenants like Harbor Frieght, Petsmart, Marshalls, Starbucks, Chiptole, Five Guys, and more
• Just west of the Matteson Plaza with nearby major tenants including the Pete’s Fresh Market, Walgreens, McDonalds, Sparkle Express Carwash and more
• Strong tenant synergy promotes crossover shopping to the subject property