Investment Highlights
Recently Signed 15-Year Lease | Options To Extend |Scheduled Increases | Known Brand
Gateway District | Dense Retail Corridor | National/Credit Tenant Presence
Strong Demographics In 5-Mile Trade Area
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Located Along W. Lane Rd | Signalized, Hard Corner Intersection | Drive-Thru Equipped | Excellent Visibility & Access
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple (land & building ownership) interest in an absolute NNN leased, drive-thru equipped, KFC investment property located in Machesney Park, Illinois. The tenant recently signed a 15-year lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features a 10% rental increase every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.
