Absolute NNN Restaurant
For Sale
Contact for pricing
2737 Veterans Ave, Vandalia, IL 62471
Absolute NNN lease with over 14 years remaining and scheduled rental escalations plus renewal options for a single-tenant restaurant concept.
Property Size3,290 SF
Lot Size1.17 Acres
Price / SF$555.32
Days on Market193
Property Features for 2737 Veterans Ave
General Information
Standard status
Active
Size
3,290 SF
Lot size
1.17 Acres
Site & Location
Traffic Count
11,116 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Commercial Investment Advisors (CIA) - Corporate
(480) 718-5555
Listed By:
Justin Zahn
(480) 718-5555
Source:
Moodyscre
Added: Jan 20
Changed: Jul 31
Last Checked: Jul 31 at 3:43AM
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 Commercial Investment Advisors (CIA) - Corporate
Investment Insights
Based on property information with market context.
Absolute NNN restaurant leasehold with over 14 years remaining on the initial 20-year absolute NNN lease. The lease includes rental escalations of 7.00% every 5 years, along with two additional 5-year renewal options.
The property is located at 2737 Veterans Ave, Vandalia, IL 62471 on a large 1.17-acre lot with prominent visibility along US-40/Veterans Avenue. Traffic counts include 11,116 CPD on US-40/Veterans Avenue, with additional exposure to 33,503 CPD, and the site is positioned just south of I-70.
The tenant is FQSR, LLC, the largest KFC franchisee in the U.S., and the parent company (KBP Foods) operates approximately 1,055 locations across 4 brands in 32 states. FQSR, LLC operates approximately 1,800 locations.
The property is located at 2737 Veterans Ave, Vandalia, IL 62471 on a large 1.17-acre lot with prominent visibility along US-40/Veterans Avenue. Traffic counts include 11,116 CPD on US-40/Veterans Avenue, with additional exposure to 33,503 CPD, and the site is positioned just south of I-70.
The tenant is FQSR, LLC, the largest KFC franchisee in the U.S., and the parent company (KBP Foods) operates approximately 1,055 locations across 4 brands in 32 states. FQSR, LLC operates approximately 1,800 locations.
Key Highlights
- Over 14 years remaining on the initial 20‑year absolute NNN lease
- 7.00% rental escalations every 5 years plus two 5‑year renewal options
- 1.17‑acre lot with prominent visibility on US‑40/Veterans Avenue
Property Analytics
Current Use
Lease Details
11,116 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
155
Businesses Nearby
Explore this area
Business Placement
Demographics for 62471, IL
10,530
Population
4,025
Households
2.6
Avg Household Size
40
Median Age
20%
College-Educated
88%
High-School Grad
128.2 sq mi
ZIP Area
82
Density / Sq Mi
$58,810
Median Household Income
$33,286
Median Earnings
$739
Median Rent
$119,800
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 - Absolute NNN lease with over 14 years remaining and scheduled rental escalations plus renewal options for a single-tenant restaurant concept.
Where is this nnn property located?
The property is located at 2737 Veterans Ave Vandalia, IL.
What is the asking price?
The asking price for this property is $1,827,000.
What are key features of this property?
This property features: Over 14 years remaining on the initial 20‑year absolute NNN lease; 7.00% rental escalations every 5 years plus two 5‑year renewal options; 1.17‑acre lot with prominent visibility on US‑40/Veterans Avenue
