KFC | Salem, IL
Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,783 SF KFC Absolute NNN Asset Located at 101 Baldridge Lane in Salem, IL. The Lease Features 1.5% Annual Rental Increases Throughout the Initial Term, and in the Option Periods, Steadily Increasing NOI And Hedging Against Inflation, Providing For a Secured Investment.
20-Year Absolute NNN | Scheduled Rent Increases & Options | Experienced Operator:
- Strong 160+ Unit Corporate Guarantee From Tasty Chick’n, LLC: A Subsidiary of Tasty Restaurant Group (TRG), a Premier Franchise Operator Managing Over 400 Restaurants Across Top-Tier Brands, Including KFC, Pizza Hut, Burger King, Dunkin’ and Taco Bell; TRG is an Affiliate of Triton Pacific Capital Partners
- Brand Strength: Operating Under the Globally Recognized KFC Brand, This Location Benefits From TRG’s Extensive Experience and Market Presence; With 160 KFC Locations Under Their Management, the Combined Strength of Tasty Restaurant Group and KFC Provides Unparalleled Stability, Making This an Attractive and Secure Investment
- Rent Increases & Options: The Lease Features 1.5% Annual Rental Increases Throughout the Initial Term, and in the Option Periods, Steadily Increasing NOI and Hedging Against Inflation
Prime Salem, IL Location | High-Visibility Retail Corridor:
- Strategic Salem Location: With Over 150,000 Vehicles Daily Passing the Store, This KFC Benefits From Excellent Visibility and Accessibility, Positioned Near 1-57 and a High-Traffic Retail Corridor; It’s Convenient Location Ensures a Steady Flow of Customers, Reinforcing Its Value as a Long-Term Investment
- Proximity to Major Economic Drivers: The Property is Located Near Salem Township Hospital, Kaskaskia College Salem Education Center and Other Key Employers, Which Contribute to a Strong and Stable Customer Base; Additionally, Salem Serves as a Regional Hub For Surrounding Communities, Driving Consistent Foot Traffic
- Retail Synergy & Established Trade Area: This KFC is Surrounded By a Mix of National and Regional Retailers, Including Walmart, Dollar General and McDonald’s, Which Drive Significant Foot Traffic and Enhance Long-Term Viability
Strong Demographics | Proven Market Performance:
- Growing Trade Area: The Salem Area Boasts a Population of Over 14,000 Residents Within a 5-Mile Radius, With an Average Household Income Exceeding $65,000; These Strong Demographics Provide a Solid Foundation For Sustained Tenant Success
- Established Success and Community Presence: This KFC Location Has a Long-Standing Presence in the Salem Community, Benefiting From Strong Brand Recognition and Consistent Sales Performance; The Combination of a Long-Term Lease and Annual Rent Increases Makes This Property a Proven and Secure Investment Opportunity
In Cooperation With Sands Investment Group Illinois, LLC – Lic. #481013714 BoR: Andrew Ackerman Lic. IL #471021429
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