KFC | 1303 S State St
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KFC 1303 S State St
1,901 SF Retail Building Jerseyville, IL 62052 $2,542,517 CAD ($1,337 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Nationally Recognized Restaurant Brand & Experienced Operator
- Long-Term Absolute NNN Lease
- New 2022 Construction
- Walmart Outparcel Location
- Desirable Rent Increases
- St. Louis MSA
Executive Summary
Northmarq is pleased to announce the exclusive offering of the fee simple interest in a KFC restaurant located in Jerseyville, IL. The Property consists of a 0.81 acre-parcel of land containing a newly constructed, approximately 1,901 square foot quick service restaurant. This new location north of St. Louis has shown strong performance since opening in January of 2023. The Property is situated in a prime location in the heart of Jerseyville and directly across from a Walmart Supercenter, drawing an abundance of traffic to the immediate area.
In association with:
Isaiah Harf, IL Lic #471019332
In association with:
Isaiah Harf, IL Lic #471019332
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,901 SF
Year Built
2022
Price
$2,542,517 CAD
Price Per SF
$1,337 CAD
Cap Rate
6.50%
NOI
$165,264 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.82 AC
Amenities
- Drive Thru
Nearby Major Retailers
1 of 4
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KFC | 1303 S State St
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