Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Taco Bell West Frankfort, IL 62896
    Back to Search
    Property profile & analytics

    Taco Bell West Frankfort, IL 62896

    View on Map
    • Retail properties & Spaces
    • 2,212 SF
    • 0.72 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Taco Bell

    Year built
    2017
    Lot size
    0.72 lot acres
    Property size
    2,212 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional investment opportunity presents a 2,212 square foot Taco Bell located in West Frankfort, Illinois. The property boasts a strong 12.5+ year remaining lease term (expiring 05/31/2037) with a highly creditworthy tenant, K-Mac Enterprises, the second largest Taco Bell franchisee in the U.S., operating nearly 400 locations across 10 states. The absolute NNN lease structure ensures minimal landlord responsibilities, with annual rent increases of 1% providing inflation protection. The property features 30 parking spaces and sits on a 0.72-acre lot, enjoying excellent visibility and accessibility from I-57 (38,500 VPD) and State Highway 149 (±16,150 VPD). Its strategic location is directly across from a Kroger and Ollie's Bargain Outlet anchored shopping center, and approximately 1.5 miles from Frankfort Community High School. The asking price is $1,608,000, representing a 5.50% cap rate and a net operating income (NOI) of $88,451. Built in 2017, this Class B retail property offers a secure, passive income stream with a proven, nationally recognized brand. The lease includes five, 5-year renewal options. This is a rare opportunity to acquire a well-performing, low-maintenance investment property backed by a financially strong and reputable franchisee.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    West Frankfort
    County
    Franklin
    State
    Illinois
    Longitude
    -88.9605
    Latitude
    37.8679

    Comparable in this City

    • Value Estimation by Request
      4,320 SF

      126 Main St

      Individual retail properties • 4,320 SF
      126 Main St, West Frankfort, IL 62896
      View Details
    • Value Estimation by Request

      205 9th St

      COMMERCIAL (GENERAL)
      205 9th St, West Frankfort, IL 62896
      View Details
    • Value Estimation by Request

      1111 9th St

      OFFICE (GENERAL)
      1111 9th St, West Frankfort, IL 62896-3708
      View Details
    • Value Estimation by Request

      11058 Country Clb Rd

      OFFICE (GENERAL)
      11058 Country Clb Rd, W Frankfort, IL 62896-4900
      View Details
    • Value Estimation by Request

      102 Douglas St

      OFFICE (GENERAL)
      102 Douglas St, West Frankfort, IL 62896-2301
      View Details
    • Value Estimation by Request

      903-905 Douglas St

      OFFICE (GENERAL)
      903-905 Douglas St, West Frankfort, IL 62896
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,320 SF

      Historic Downtown Commercial Building

      Historic building in downtown West Frankfort, suitable for various uses.
      126 E Main St, West Frankfort, IL 62896
      View Details
    • Contact for pricing

      West Main Street Commercial Location

      Commercial property on West Main Street, suitable for various uses.
      1105 W Main St, West Frankfort, IL 62896
      View Details
    • $195,000

      Expansive Mixed-Use Commercial Investment

      Mixed-use property with retail, warehouse, and residential components.
      111 W Main St, West Frankfort, IL 62896
      View Details
    • $170,000
      1,522 SF

      West Frankfort Gas Station For Sale

      1,522 SF gas/convenience store on 0.55 acre lot.
      1102 W Main St, W Frankfort, IL 62896
      View Details
    • $59,500
      4,320 SF

      Historic Downtown Commercial Building

      Historic 4,320 SF commercial building with original facade.
      126 E Main St, W Frankfort, IL 62896
      View Details
    • Contact for pricing
      3,000 SF

      702 E Main St, West Frankfort, IL 62896

      Grocery and convenience stores • 3,000 SF
      702 E Main St, West Frankfort, IL 62896
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Taco Bell
    West Frankfort, IL 62896
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Taco Bell, West Frankfort, IL, 62896
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!