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NNN Leased KFC Restaurant For Sale

4440 16th St, Moline, IL 61265

For Sale
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NNN leased KFC with long-term lease and strong operating history.

Property Size3,293 SF
Price / SF$477.39
Days on Market242

Property Features for 4440 16th St

General Information

Standard status Active
Size 3,293 SF
Total Parking Spaces 21
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $110,043

Building Details

Year Built 2008
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Marcus & Millichap SWM Group
Listed By: Austin Weisenbeck · License IL 475.140200
Source: Crexi
Added: Mar 13 Changed: Aug 8 Last Checked: Aug 8 at 2:48PM

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 Marcus & Millichap SWM Group

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Investment Insights

Based on property information with market context.

This triple-net leased KFC property has 8.5 years remaining on the lease, with two 5-year renewal options. The lease includes scheduled 10% rent increases every five years. The lease is guaranteed by one of the nation’s largest franchise operators, which has over 1,100 locations across 32 states. Established in 2011, KFC has a strong operating history at this location. The property is positioned as an outlot to SouthPark Mall, which draws 1.3 million annual visitors. It is surrounded by a mix of national retailers and restaurants. Located in a high-traffic corridor near Interstates 74 and 280, the property is 1.6 miles from Quad Cities International Airport. The trade area is densely populated with over 52,000 residents and 51,000 daytime employees within a three-mile radius. The property size is 3,293 square feet.

Key Highlights

  • Absolute Triple‑Net (NNN) Lease: Enjoy passive income with minimal landlord responsibilities.
  • Long‑Term Lease: Features 8.5 years remaining on the initial term, plus two 5‑year renewal options.
  • Guaranteed by Large Franchise Operator: Lease is backed by a major franchise operator with over 1,100 locations.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Cafe & Coffee Shop Bakery Kitchen & Bath Showroom Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

860
Businesses Nearby
214k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 37% Shops & Services 29% Dining 13% Home Improvements & Furnishings 7%
DICK'S Sporting Goods Apparel
30,343 visits/mo 0.3 miles
JCPenney Apparel
18,716 visits/mo 0.4 miles
Ollie's Bargain Outlet Shops & Services
18,112 visits/mo 0.2 miles
Buffalo Wild Wings Dining
18,094 visits/mo 0.1 miles
Dillard's Apparel
16,551 visits/mo 0.2 miles

Demographics for 61265, IL

44,342
Population
20,396
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
89%
High-School Grad
19.2 sq mi
ZIP Area
2,309
Density / Sq Mi
$63,910
Median Household Income
$38,960
Median Earnings
$890
Median Rent
$142,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Drive through restaurant - NNN leased KFC with long-term lease and strong operating history.
Where is this drive through restaurant located?
The property is located at 4440 16th St Moline, IL.
What is the asking price?
The asking price for this property is $1,572,043.
What are key features of this property?
This property features: Absolute Triple‑Net (NNN) Lease: Enjoy passive income with minimal landlord responsibilities.; Long‑Term Lease: Features 8.5 years remaining on the initial term, plus two 5‑year renewal options.; Guaranteed by Large Franchise Operator: Lease is backed by a major franchise operator with over 1,100 locations.
(312) 502-7733 Call to check price and availability
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