13320 Il-47 Huntley, IL 60142

Property Details for 13320 Il-47

Year built

2007

Lot size

1.00 lot acres

Property size

3,154 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional investment opportunity presents a fee-simple Taco Bell franchise located at 13320 IL-47, Huntley, IL 60142. The 3,154 square foot property sits on a one-acre lot and benefits from a highly visible location on IL-47, a major state highway with traffic exceeding 25,000 vehicles per day. The property is part of a larger development that includes a Jewel-Osco supermarket, further enhancing its appeal and drawing significant customer traffic. The current lease, an absolute NNN, has approximately 4.3 years remaining on the initial term, with four 5-year renewal options, providing long-term stability and predictable income. The tenant, Ampler Restaurant Group, a large and experienced operator of over 475 units, is backed by a 55-unit guarantee from AG Bells II, LLC. The lease includes 10% rent increases every five years, offering protection against inflation. The property boasts strong demographics, with an average household income exceeding $140,840 within a five-mile radius and over 102,000 residents in the same area. The location's proximity to two large Amazon fulfillment centers further contributes to its desirability. This high-performing Taco Bell location, with sales exceeding the average unit volume (AUV) and a low rent-to-sales ratio, presents a compelling investment opportunity with a 6.15% cap rate and a net operating income (NOI) of $124,007. The asking price is $2,016,374. Built in 2007, this property offers a secure and profitable investment in a prime location within the third largest metropolitan area in the country.

Location Insight

City

Huntley

County

Kane

State

Illinois

Longitude

-88.432

Latitude

42.1356