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108 N 4th St
Chillicothe, IL 61523

$1,169,000 USD

Fast Food For Sale  •  3,415 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,415 SF
  • Lot Size 0.68 AC
  • Building Class C
  • Year Built 2005
  • Tenancy Single
0 Transit Score
57 Walk Score

Highlights

17+ Yrs. Left on Recently Extended 20-Year NNN Lease, with (4) 5-Year Options to Renew and 10% Rental Increases Every 5 Years
Property Is 15 Miles North of Downtown Peoria, IL, 100 Miles Southwest of Chicago, IL, and 150 Miles Northeast of St. Louis, MO
TriStar Ventures Operates 26 Units Throughout IL and IN, and Generated Approximately $30,000,000 in Revenue in 2023
The Lease Is Guaranteed by LBE Holdings, Which Includes 64 Units, and Had Totaling $87,000,000 in 2023
Hardee’s Operates over 1,800 Restaurants Across the U.S. and 13 Other Countries.
Peoria | Consistently Ranked on the BestPlaces Rankings in the U.S. | Population: 181,830+

Property Flyers

Public Transportation

AirportDriveWalkDistance
General Downing - Peoria International 34 min - 24.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Russell Smith 214-915-8890 Secure Net Lease
Russell Smith 214-915-8890 Secure Net Lease