3696 South Archer Avenue
Chicago, IL
Price:
$2631000
Cap Rate:
6.50%
NOI:
$171,000
Building Size:
Approx. 1900 Sq. Ft.
Lot Size:
Approx. 0.27 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
1983
Investment Overview
- KFC | Operates more than 17,000 in 115 Countries
- Franchisee: Frontier Star, LLC, operates over 22 KFC restaurants in the Chicago market & One of Largest multi-Unit restaurant operator with over 200 locations
- 1,900+/- SF Building on .27+/- Acre Site
- At the Intersection of S Archer Ave (24,238 Cars/Day) & S Western Blvd (23,100 Cars/Day)
- Near Target, Walgreens, McDonald’s, Burger King, Jewel-Osco, Boost Mobile, Citgo, & Mobil
- 3-Mile Population: 322,539 | 3-Mile Average Household Income: $45,674
- Chicagoland MSA (Chicago-Joliet-Naperville): 3rd Largest MSA in US | Population: 9,461,105