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1130 S Illinois St
Belleville, IL 62220

Denny's · Retail Property For Sale

Investment Highlights

  • Brand New 15-Year Absolute NNN Lease to Commence at the Close of Escrow
  • 10% Rental Increases Every 5 Years
  • Multi-Unit Operator of Denny’s & Starbucks
  • Above Average Sales for 2022 (Contact Broker)
  • Sustainable Rent-to-Sales Below 6%
  • Established Location with 45+ Years of Operating History

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,547 SF
Year Built/Renovated
1975/2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.07 AC
Zoning
C-2 - Commercial Retail
Parking
58 Spaces
Frontage
72 ft on Illinois 159

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-27.0-314-010
Land Assessment
$76,889
Improvements Assessment
$196,220
Total Assessment
$273,108
  • Listing ID: 27802559

  • Date on Market: 2023-02-21

  • Last Updated:

  • Address: 1130 S Illinois St, Belleville, IL 62220

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