634 Main St Benton, IL 62812

This exceptional investment opportunity presents a 4,557-square-foot, free-standing Taco Bell and KFC restaurant located at 634 W Main St, Benton, IL 62812. The property sits on a 1.12-acre lot in a high-traffic area, benefiting from its location at the intersection of I-57 and W Main St, boasting a combined daily vehicle count exceeding 49,600. The property is part of a thriving retail corridor, with nearby establishments including Pizza Hut, AutoZone, Sonic, CVS, Save-a-Lot, and Hardee's. A Walmart Supercenter and a Dollar Tree-anchored strip center are conveniently located within 0.6 miles. The property's strategic location is further enhanced by its proximity to Rend Lake, the second largest man-made lake in Illinois, attracting over 3 million visitors annually. The absolute triple-net (NNN) lease commenced October 1, 2024, and extends for 20 years, expiring September 30, 2044, with four 5-year renewal options. The lease includes annual rent increases of 1.50% starting in year seven. The tenant is a franchisee, and the lease is guaranteed by an 80-unit operator, providing significant financial security. The asking price is $3,232,000, representing a price per square foot of $709.24 and a 6.00% cap rate, with a net operating income (NOI) of $193,911.