Property Description

This is an excellent opportunity to own a proven brand in a high barrier to entry, densely populated City of Chicago location. Completed in 2019, this new image Taco Bell was built to the latest, modern design standards for Taco Bell and is located amongst several other high grossing QSR brands including Burger King, Checker‘s, McDonald’s and Popeye‘s.

  • Experienced Operators – Operators have extensive experience with over 50 locations in the Midwest.
  • Absolute NNN Lease – Absolutely no landlord responsibilities.
  • Personal Guarantee – Operator personally guarantees the initial 5 years of the lease.
  • Sales Performance – Very high sales to rent ratio.
  • Long Lease Term – New 10 year term with increases after 7 years and in each option period.
Amenities
Address Map
Address Location
US
IL
Chicago
60609
Damen
4614
Ave

Taco Bell NNN Investment

4614 Damen Ave- Chicago- Illinois 60609

3,750 Sqft
$1,945,000
Listing ID #1115
Property Details
Listing Type : For Sale
Property Type : Retail
Price : $1,945,000
Property Sub-type : Fast Food
Listing ID : 1115
Building Class : B
Zoning : B3-2
Sale Type : Investment
Cap Rate : 5.25%
Building Size : 3,750 Sqft
No. Stories : 1
Year Built : 2003
Parking Ratio : 7.46/1,000 SF
APN / Parcel ID : 20-06-303-026-0000
Property Documents
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