101 Baldridge Ln, Salem, IL

Listing agent Adam Scherr Show Phone

Listing office Sands Investment Group (SIG) | California Show Phone

Listing date Apr 9, 2025

Source Moodyscre

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Overview

This 4,783 square foot KFC property is available for sale in Salem, IL. The property benefits from its location near I-57 in a high-traffic retail corridor with over 150,000 vehicles passing daily. The surrounding area includes national and regional retailers such as Walmart, Dollar General, and McDonald’s. It is also near Salem Township Hospital and Kaskaskia College Salem Education Center. The lease features 1.5% annual rental increases throughout the initial term and option periods. The property operates under the KFC brand and benefits from the management of Tasty Chick’n, LLC, a subsidiary of Tasty Restaurant Group (TRG). TRG manages over 400 restaurants across brands including KFC, Pizza Hut, Burger King, Dunkin’, and Taco Bell and is an affiliate of Triton Pacific Capital Partners. With 160 KFC locations under their management, the combined strength of Tasty Restaurant Group and KFC provides stability.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Salem

County

Marion

State

Illinois

Longitude

-88.9456

Latitude

38.627

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FAQs

What type of property is this?

Drive through restaurant - NNN leased KFC in Salem, IL with annual rent increases.

Where is this drive through restaurant located?

The property is located at 101 Baldridge Ln Salem, IL.

What is the asking price?

The asking price for this property is $2,003,774.

What are key features of this property?

This property features: Absolute NNN Lease: Secured investment with minimal landlord responsibilities.; Strong Corporate Guarantee: Backed by Tasty Chick’n, LLC, a subsidiary of Tasty Restaurant Group (TRG).; Strategic High‑Traffic Location: Over 150,000 vehicles daily, excellent visibility, and proximity to I‑57.