514 S Commercial St

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514 S Commercial St

Harrisburg, IL 62946
Asking Price
$2.82M
Cap Rate
6.55%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

2.5% Co-Op | Top 5% Sale Location | 40 Yr Operational History <ul><li>​Flagship KFC Prototype | High profile KFC which is among the top-performing stores in the nation and showcases the brand's latest prototype design and operational excellence</li><li>​Brand New Lease | The tenant recently signed a brand new 20-year lease in October 2024 showing incredible commitment to the location and market</li><li>​Recent and Upcoming Remodels | The property underwent a significant remodel in 2018, with another renovation scheduled for 2028, further demonstrating the

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NOI
$80,000
Cap Rate
2.84%
DSCR
0.48
Underwater
Cash-on-Cash
-10.33%
Monthly Payment
$13,946.533
Annual Cash Flow
$-87,358.39

Location & Travel Times