Taco Bell West Frankfort, IL 62896
- Retail properties
- 2,212 SF
- 0.72 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Taco Bell
- Year built
- 2017
- Lot size
- 0.72 lot acres
- Property size
- 2,212 SF
- Property type
- Retail properties
- 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
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Frankfort
- County
- Franklin
- State
- Illinois
- Longitude
- -88.9605
- Latitude
- 37.8679