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2570 Charles Street
Rockford, IL 61108
Asking Price
Contact for price
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
New 15-Year Corporate Starbucks | High-Volume Drive-Thru <p><strong style="color: rgba(14, 26, 52, 1)">Long-Term NNN Lease | 15-Years | 10% Increases</strong></p><p><span style="color: rgba(14, 26, 52, 1)">Secured by a rare 15-year NNN lease with a 10% rental increase in year 6 and each of the four 5-year option periods, providing long-term income durability, built-in yield growth, and reduced rollover risk.</span></p><p></p><p><strong style="color: rgba(14, 26, 52, 1)">Passive, Hands-Off Investment Structure</strong></p><p><span style="color: rgba(14
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
