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Popeyes Louisiana Kitchen 1127 W Lincoln Hwy

2,695 SF Retail Building Dekalb, IL 60115 £1,628,092 (£604/SF) 6.25% Net Initial Yield

Investment Highlights

  • The Dhanani Group is operator who owns over 1,300 Units. ZUBHA POP Food, LLC is the lease guarantor, owns 89 units under
  • Popay’s locates adjacent to Adjacent to Northern Illinois University, home to a student population exceeding 20,130.
  • Within a strong retail trade corridor by numerous national major retailers
  • ZUBHA POP Food, LLC is the lease guarantor, owns 89 units under
  • Within a mile from Husky Stadium, with a seating capacity of 24,000, hosting Illinois' NCAA football games, soccer, and other activities.
  • It's absolute NNN lease with 10% increase every terms

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,695 SF
Building Class
B
Year Built
2016
Price
£1,628,092
Price Per SF
£604
Net Initial Yield
6.25%
NOI
£101,756
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Lot Size
0.76 AC
Opportunity Zone
Yes
Frontage
137 ft on W Lincoln Hwy
Walk Score ®
Very Walkable (71)
Bike Score ®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Anytime Fitness
Schnucks
First National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-21-276-030
Land Assessment
£65,737
Improvements Assessment
£155,692
Total Assessment
£221,429
  • Listing ID: 32975912

  • Date on Market: 27/08/2024

  • Last Updated:

  • Address: 1127 W Lincoln Hwy, Dekalb, IL 60115

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