Kfc Mall Outlot Direct Signalized Access — Sale in Moline, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Moline, IL 61265

Investment Figures

Cap rate
7.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

This absolute triple-net leased KFC has 8.5 years remaining on the lease, with 2, 5-year renewal options and scheduled 10% rent increases every five years. The lease is guaranteed by one of the nation’s largest franchise operators, with over 1,100 locations across 32 states. KFC has a strong operating history at this location, having been established here since 2011. Positioned as an outlot to SouthPark Mall, drawing 1.3 million annual visitors, the property is surrounded by a strong mix of national retailers and restaurants. The property is located in a high-traffic corridor near Interstates 74 and 280 and 1.6 miles from Quad Cities International Airport. The property also benefits from a densely populated trade area with over 52,000 residents and 51,000 daytime employees within a three-mile radius. Investment Highlights: • Absolute NNN KFC with 8.5 years of term remaining • Tenant has been operating at this location since 2011 and has 8.5 years of term remaining • Backed by one of America's largest franchise operators with 1,100+ restaurants in 32 states • Outlot to Southpark Mall | Positioned in a retail corridor • Direct Signalized access | near Interstates 74 and 280 and Quad City international airport

Market Context

This retail in Moline, IL is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Moline, IL — view the full market.

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