NNN Restaurant Property with
For Sale
Contact for pricing
1160 N State Street, Belvidere, IL 61008
Single-tenant restaurant investment combining two established concepts under one absolute net lease.
Property Size2,640 SF
Days on Market145
Property Features for 1160 N State Street
General Information
Standard status
Active
Size
2,640 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Drive-Thru
Yes
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 4:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group
Investment Insights
Based on property information with market context.
This 2,640-square-foot restaurant property is leased to KFC and Long John Silver’s under a single absolute NNN lease. The building includes a drive-through and serves as a single-tenant commercial asset occupied by two restaurant concepts. The lease is guaranteed by Bartlett Management Services, Inc., which operates more than 40 restaurant locations across Illinois, Indiana, and Wisconsin.
The property sits at 1160 N State Street in Belvidere, along State Street, which connects with US-20 and provides access toward downtown Rockford. More than 29,000 people live within a three-mile radius. Nearby retailers and businesses include ALDI, Shopko, Family Dollar, McDonald’s, O’Reilly Auto Parts, AutoZone, and multiple auto dealerships.
The property sits at 1160 N State Street in Belvidere, along State Street, which connects with US-20 and provides access toward downtown Rockford. More than 29,000 people live within a three-mile radius. Nearby retailers and businesses include ALDI, Shopko, Family Dollar, McDonald’s, O’Reilly Auto Parts, AutoZone, and multiple auto dealerships.
Key Highlights
- 2,640‑square‑foot building with an on‑site drive‑through
- KFC and Long John Silver’s occupy the property under one lease
- Absolute NNN lease structure
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
440
Businesses Nearby
109k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 25%
Groceries 18%
Hotels & Casinos 1%
McDonald's
Dining
25,166 visits/mo
0.1 miles
Aldi
Groceries
19,528 visits/mo
0.2 miles
Culver's
Dining
19,214 visits/mo
0.4 miles
Family Dollar
Shops & Services
8,520 visits/mo
0.1 miles
Taco Bell
Dining
7,832 visits/mo
0.3 miles
Demographics for 61008, IL
33,747
Population
13,406
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
83%
High-School Grad
84.3 sq mi
ZIP Area
400
Density / Sq Mi
$75,833
Median Household Income
$38,509
Median Earnings
$953
Median Rent
$185,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant restaurant investment combining two established concepts under one absolute net lease.
Where is this nnn property located?
The property is located at 1160 N State Street Belvidere, IL.
What are key features of this property?
This property features: 2,640‑square‑foot building with an on‑site drive‑through; KFC and Long John Silver’s occupy the property under one lease; Absolute NNN lease structure
