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851 S Route 51
Forsyth, IL 62535

$4,149,000 USD

Restaurant For Sale  •  6,034 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,034 SF
  • Lot Size 1.34 AC
  • Building Class B
  • Year Built 2006
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning MUNICIPAL
0 Transit Score
50 Walk Score

Highlights

PASSIVE INVESTMENT OPPORTUNITY WITH ±7 YEARS REMAINING OF TERM WITH BUFFALO WILD WINGS (OPERATOR: WORLD WIDE WINGS, LLC)
CONTRACTUAL RENT BUMPS IN PLACE THROUGH REMAINDER OF PRIMARY TERM (10% INCREASE IN NOVEMBER OF 2026)
EXCELLENT RETAIL CORRIDOR – The property is located on US Highway 51 (21,000 VPD), a major retail thoroughfare serving in Decatur, IL MSA.
World Wide Wings, based in Vancouver, WA operates in Southern and North California, Oregon, Washington, Illinois, Indiana & Florida with 60+ Locations
Tenant is responsible for maintaining Roof, Structure and Parking Lot, providing New Ownership with A Passive Investment.
WELL EDUCATED AND AFFLUENT POPULATION – Extremely high average household incomes of over $105,000 within a 1-mile radius of the property.

Property Flyers

Cap Rate: 7.00 %

Amenities

  • Restaurant

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 100
Type: Surface
Included in Rent: Yes
Jonah Yulish 216-503-3610 Matthews Real Estate Investment Services
Jonah Yulish 216-503-3610 Matthews Real Estate Investment Services