TACO BELL

2,312 SF | Retail Building | Sycamore, IL 60178 | $3,179,505 ($1,375/SF) | 5.25% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $3,179,505

Property Type
Retail, Restaurant
Square Feet
2,312 SF
Price / Square Foot
$1,375

Listing Contacts

Haidyn DeJean
Haidyn DeJean
Verified Profile
Simon Assaf
Simon Assaf
Verified Profile
  • Property Info

Property Overview

Broker of Record
Matthew M. Fitzgerald
License No. 478027547 (IL)
(866) 889-0550
Matthews Real Estate Investment Services
1600 West End, Ste. 1500 Nashville, TN 37203

Property Details

Class
C
Year Built
1994
Stories
1
Property Subtype
Freestanding
Lot Size (sq. ft)
37,897 SF

Highlights

  • HIGH SALES LOCATION – Top performing store with sales signi?cantly above Taco Bells average unit volume
  • SIGNALIZED HARD CORNER (30,000+ VPD) – Site is strategically positioned on Dekalb Ave (14,000+ VPD) and near S Peace Rd
  • HIGH VISIBILITY WITH LARGE FRONTAGE – Property bene?ts from above average frontage along Dekalb Ave
  • PROXIMITY TO MULTIPLE MAJOR HIGHWAYS – 1-mile from Route 64 and 1.5 miles from Route 23, providing convenient access to multiple State Highway systems
  • ATTRACTIVE RENTAL INCREASES – The lease is subject to 10% rental increases every 5 years, providing a hedge against in?ation
  • ±14 YEARS REMAINING – There are approximately 14 years remaining on the base term with Four, 5 Year Options to extend

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