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101 Baldridge Rd
Salem, IL 62881

$2,003,774 USD

Fast Food For Sale  •  5,425 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 4,783 SF
  • Lot Size 0.88 AC
  • Building Class B
  • Year Built 2000
  • Cap Rate 6.00 %
  • Tenancy Single
0 Transit Score
28 Walk Score

Highlights

A Subsidiary of Tasty Restaurant Group (TRG), a Premier Franchise Operator Managing Over 400 Restaurants Across Top-Tier Brands
Operating Under the Globally Recognized KFC Brand, This Location Benefits From TRG's Extensive Experience and Market Presence; With 160 KFC Locations
The Lease Features 1.5% Annual Rental Increases Throughout the Initial Term, and in the Option Periods, Steadily Increasing NOI
With Over 150,000 Vehicles Daily Passing the Store, This KFC Benefits From Excellent Visibility and Accessibility
The Property is Located Near Salem Township Hospital, Kaskaskia College Salem Education Center and Other Key Employers
This KFC is Surrounded By a Mix of National and Regional Retailers, Including Walmart, Dollar General and McDonald's Etc.
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Tasty Chick'n LLC 4,783 SF 9/30/2044

Amenities

  • Drive Thru

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 44
Type: Surface
Included in Rent: Yes
Tyler McGarry 310-558-2029 Sands Investment Group Santa Monica, LLC
Tyler McGarry 310-558-2029 Sands Investment Group Santa Monica, LLC