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1310 WALTON way
Centralia, IL 62801

$1,778,000 USD

Fast Food For Sale  •  1,424 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 1,424 SF
  • Lot Size 1.34 AC
  • Building Class C
  • Year Built 2024
  • Cap Rate 5.85 %
  • Tenancy Single
  • Zoning C
0 Transit Score
42 Walk Score

Highlights

Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states.
Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±832 locations (+20% of KFC locations in the U.S. system)
New, high-quality, build-to-suit construction of KFC’s first drive-thru/walk-up prototype in the nation with limited interior dining and 6-car stack
Situated on a Walmart pad site in Centralia’s dominant retail corridor on a ±0.743- acre lot with excellent visibility/access
2023 DEMOGRAPHICS: Total Population (5-MI): 18,972 | Average Household Income (1-MI): $88,840
Cap Rate: 5.85 %

Major Tenants

Tenant SF Occupied Lease End Date
KFC

Amenities

  • Restaurant
  • Signage
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Centralia Amtrak Station (City of New Orleans - Amtrak, Illini - Amtrak, Saluki - Amtrak) 3 min - 1.4 mi
Kendall Carlsen 214-643-6097 Commercial Investment Advisors, INC
Kendall Carlsen 214-643-6097 Commercial Investment Advisors, INC