KFC NNN Property For Sale — Urbana, IL · 2,183 SF
Urbana, IL
Featuring a newly remodeled KFC ideally positioned adjacent to Carle Foundation Hospital in Urbana, Illinois. The property reopened in November 2025 following renovations. A brand-new 20-year absolute NNN lease begins at the close of escrow, providing completely passive ownership with zero landlord responsibilities. The lease features attractive 10% rental increases every five years throughout the primary term and extending through four optional renewal periods.
- Address: Urbana, IL
- Asking price $240,000
- 6.25% cap rate
- NOI $150,000
- 20 years remaining
- NNN lease
- Year built: 1990
- Building size: 2,183 SF
- Lot size: 0.58 acres
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Location
This KFC property is in Urbana, Illinois.
Asset type: QSR