KFC NNN — Champaign, IL

Updated July 18, 2026

$1,714,286 · 7.00% CAP · 20 YRS

KFC fully remodeled and reopened in April 2026, taking a brand-new 20-year absolute-net lease at close. Rent increases 10% every five years, with four 5-year options after the base term.

Lease Abstract

Price

$1,714,286

Cap rate

7.00% CAP

NOI

$120,000

Term remaining

20 YRS

Lease type

Absolute NNN

Increases

10% every 5 years

Building

2,600 SF

Lot

0.65 AC

Year built

1990

Renovated

2026

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Property Details

2,600 SF building, built 1990, renovated 2026, 0.65 acres of land. $659/SF asking, $46.15/SF NOI. Rent increases: 10% every 5 years. Primary term ends around 2046 (20 yrs left at listing, Jul 2026).

Location

Champaign, Illinois. Full address and offering memorandum released on request — see our KFC tenant guide and the Illinois market page for the underwriting context.