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Havana, IL NNN Properties for Sale

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Hardee’s Absolute NNN Restaurant
Updated: Apr 11
Hardee’s Absolute NNN Restaurant

401 W Dearborn St, Havana, IL 62644

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4,164 sqft 1.37 AC lot
4,164 SF Hardee’s on 1.37 acres in Havana, IL, on an absolute NNN lease with 4+5‑year renewal options
Lease has ±3.3 years of primary term remaining with rent increases of the lesser of 1.75% or 1.25x CPI
Tenant is TriStar Ventures, LLC, with a lease guaranty from LBE Holdings, LLC and other named guarantors
Built in 1986 and operated as a Hardee’s for 37 years
Two hard corners with signalized intersections near West Dearborn St (6,750 VPD), S Water St (3,350 VPD), and S Schrader St (4,500 VPD)
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Havana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

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NNN Retail Property with Absolute Lease
NNN Retail Property with Absolute Lease

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Offered with a 20-year absolute NNN lease and corporate guarantee from a regional operator.

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Hardee’s NNN Fast-Food Restaurant
Hardee’s NNN Fast-Food Restaurant

220 Green Street, Bushnell, IL 61422

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3,371 sqft

20-year net lease starting Aug 2022 with renewal options and step rent increases on a Hardee’s fast-food site.

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Single-Tenant NNN Retail Investment
Single-Tenant NNN Retail Investment

1612 E Jackson, Macomb, IL 61455

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Fee simple NNN retail property leased to US Cellular with corporately guaranteed long-term lease terms in place.

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Havana, IL Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Havana, IL on our real estate platform. These investment opportunities span a total of 4,164 square feet of properties for sale.

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Demographics Overview

Population 4,657
Population Growth (5Y) -5.8%
Median Household Income $57,076
College Educated 25.7%

Taxes & Financing

Tax Rate (average for all types) 10.25%
Average Loan-to-Value 65.0%

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