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Popeyes 4809 W 77th St

3,432 SF Retail Building Burbank, IL 60459 £1,741,390 (£507/SF) 5.86% Net Initial Yield

Investment Highlights

  • 20 YEAR NET LEASE | ZERO LANDLORD RESPONSIBILITY
  • 5 UNIT GUARANTOR | LARGE PARENT COMPANY
  • DENSE TRADE AREA | 566K POPULATION WITHIN 5 MILES
  • 40 YEAR OPERATING HISTORY | RECENT 20-YEAR EXTENSION
  • NATIONAL SHADOW ANCHORS

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,432 SF
Building Class
B
Year Built
1989
Price
£1,741,390
Price Per SF
£507
Net Initial Yield
5.86%
NOI
£101,973
Tenancy
Single
Number of Floors
1
Building FAR
0.72
Land Acres
0.11 AC
Parking
40 Spaces (11.66 Spaces per 1,000 SF Leased)
Frontage
132 ft on 77th St

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru

Nearby Major Retailers

Starbucks
Olive Garden Italian Rstrnt
Chase
Huntington Bank
Jewel-Osco
Planet Fitness
China Max
Cermak Fresh Market
ALDI
Krispy Krunchy Chicken

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-28-401-049-0000
Land Assessment
£15,682
Improvements Assessment
£129,012
Total Assessment
£144,694
  • Listing ID: 33475074

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 4809 W 77th St, Burbank, IL 60459

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