4320 W Main St Belleville, IL 62226

Listing agency Sands Investment Group Austin

Listed by Will Schuhmacher · License #TX 629275

Source Crexi

Added: Apr 10 Updated: Jul 22 at 7:16AM Checked: Jul 22 at 7:16AM

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Investment Insights

Based on property information with market context.

This absolute triple net (NNN) investment features a corporate lease with Steak 'n Shake. The restaurant has been at this location since 1974 and underwent renovations in 2017. The property is described as having a corner-lot layout with three points of access, and Steak 'n Shake operates 24 hours a day, seven days a week.

The site is located on a main artery through Belleville and is described as easily accessible, with the surrounding tenant mix noted as including national and regional businesses. The offering remarks also reference options and attractive increases at the options.

The tenant is established and operational on a day-to-day basis, which aligns with the property’s stated accessibility for residents and vehicle traffic traveling along W. Main Street through Belleville.

Key Highlights

• Absolute triple net (NNN) corporate lease with a Steak 'n Shake tenant
• Steak 'n Shake has occupied the location since 1974
• Recent renovations completed in 2017

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FAQs

What type of property is this?

NNN property - Absolute triple net corporate lease with a Steak 'n Shake tenant on a corner lot with three points of access.

Where is this nnn property located?

The property is located at 4320 W Main St Belleville, IL.

What are key features of this property?

This property features: Absolute triple net (NNN) corporate lease with a Steak 'n Shake tenant; Steak 'n Shake has occupied the location since 1974; Recent renovations completed in 2017