Entity Owned Property summary
This exceptional investment opportunity presents a fee-simple ownership of a 5,404 square foot Applebee's restaurant in Carbondale, Illinois. Located on a 1.29-acre lot at 1125 E Main St, 62901, this single-tenant building boasts a prime retail location on Carbondale's main corridor, adjacent to University Mall (700,000+ sq ft) and near Southern Illinois University. The property features a new absolute NNN lease with zero landlord responsibilities, commencing at closing. This 7.1-year lease… includes a 10% rent increase after 2.5 years and another 10% increase every 5 years thereafter, providing substantial long-term income growth. Four 5-year lease options further solidify the tenant's commitment. Built in 1995 and renovated in 2017, the property generates a strong NOI of $149,000, representing an 8.00% cap rate on the asking price of $1,862,500 ($344.65/sq ft). The tenant, a proven operator with a history of success in multiple restaurant locations, ensures a stable and secure income stream. This is a rare opportunity to acquire a high-performing, passively managed asset in a desirable location with significant upside potential. The property is a single-story building on a fee-simple lot.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 1.29 ac
- APN
- 15-22-202-017
- Assessed value · 2022
- $451,611
- Annual tax · 2022
- $55,887
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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