7508 South Lafayette Avenue
Chicago, IL
Price:
$2631000
Cap Rate:
6.50%
NOI:
$171,000
Building Size:
Approx. 2515 Sq. Ft.
Lot Size:
Approx. 0.5 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2002
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
- 2,515+/- SF Building on .50+/- Acre Site
- At the Intersection of S Lafayette Ave (18,460 Cars / Day) & E 75th St (19,724 Cars/Day)
- Near McDonald’s, Popeye’s, Subway, Save a lot, ALDI, Walgreens, AT&T, Shell, & Mobil
- 3-Mile Population: 306,121 | 3-Mile Average Household Income: $43,125
- Chicagoland MSA (Chicago-Joliet-Naperville): 3rd Largest MSA in US | Population: 9,461,105