Happy Joe’s Absolute NNN
For Sale
Contact for pricing
Pending
515 Tenney Street, Kewanee, IL 61443
Corporate-guaranteed restaurant lease with a drive-up window and no landlord responsibilities.
Property SizeContact for details
Days on Market144
Property Features for 515 Tenney Street
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Pylon Signage
Yes
Traffic Count
23,000 vehicles/day
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 9:39PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
Fee simple ownership includes the land and building occupied by Happy Joe’s Pizza & Ice Cream in Kewanee, Illinois. The property is leased on an absolute NNN basis with a corporate guarantee, approximately 14 years remaining in the initial term, and zero landlord responsibilities. Customer access includes a drive-up window, while a large pylon sign serves the Tenney Street frontage.
The site is near the signalized intersection of Tenney Street and South Street, where combined traffic averages 23,000 vehicles daily. It sits within Kewanee’s dense retail corridor, near Walmart Supercenter, Menards, ALDI, Dollar Tree, and Dollar General. The five-mile trade area includes nearly 14,000 residents, and the property is part of the Davenport MSA.
The site is near the signalized intersection of Tenney Street and South Street, where combined traffic averages 23,000 vehicles daily. It sits within Kewanee’s dense retail corridor, near Walmart Supercenter, Menards, ALDI, Dollar Tree, and Dollar General. The five-mile trade area includes nearly 14,000 residents, and the property is part of the Davenport MSA.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities
- Corporate‑guaranteed lease with approximately 14 years remaining in the initial term
- 23,000 combined vehicles passing daily near Tenney St. and South St.
Property Analytics
Current Use
Lease Details
23,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
Explore this area
Business Placement
Demographics for 61443, IL
13,780
Population
6,613
Households
2.1
Avg Household Size
41
Median Age
16%
College-Educated
85%
High-School Grad
100.5 sq mi
ZIP Area
137
Density / Sq Mi
$51,306
Median Household Income
$36,553
Median Earnings
$782
Median Rent
$75,900
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 - Corporate-guaranteed restaurant lease with a drive-up window and no landlord responsibilities.
Where is this nnn property located?
The property is located at 515 Tenney Street Kewanee, IL.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; Corporate‑guaranteed lease with approximately 14 years remaining in the initial term; 23,000 combined vehicles passing daily near Tenney St. and South St.
