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Steak 'n Shake | $1.2M Corporate QSR 614 W Raab Rd Local commercial 324 m² À vendre Normal, IL 61761 1 116 237 € (3 442,71 €/m²) Taux de capitalisation 6,34 %



Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- 2 Years Remaining | Corporate Signed Lease | Options to Extend | General Business Zoning | Historical Occupancy
- Just Off Interstate 55 | On/Off Ramp Access | Drive-Thru Equipped | Proposed New Expanded Bus Stop Location
- Healthy Demographics in Dense 5-Mile Trade Area
- Absolute NNN | Land & Building Ownership | Zero Landlord Responsibilities
- Close Proximity to Two College Campuses (25,900+ Students) | Direct Consumer Base | Nearby National/Credit Tenants
RÉSUMÉ ANALYTIQUE
The subject property is strategically positioned along West Raab Road, and just half a mile south of the Interstate 55 on/off ramps (31,700 VPD), the major north/south highway serving the entire state of Illinois. The building is also equipped with a drive-thru, providing ease and convenience for customers. The asset is in close proximity to both Illinois State University (21,500+ students) and Heartland Community College (4,400+ students), providing a direct and strong consumer base from which to draw. Moreover, the site is nearby national/credit tenants including Schnucks, Starbucks, AMC, Dollar General, McDonald’s, Walgreens, and more, promoting crossover traffic and store exposure to the property. The 5-mile trade area is supported by a dense population of over 106,200 residents with an average household income of $94,735.
INFORMATIONS SUR L’IMMEUBLE
CARACTÉRISTIQUES
- Visibilité de l’autoroute
- Restaurant
- Signalisation
- Service au volant
PRINCIPAUX OCCUPANTS Cliquez ici pour accéder à
- OCCUPANT
- SECTEUR D’ACTIVITÉ
- m² OCCUPÉS
- LOYER/m²
- TYPE DE BAIL
- FIN DU BAIL
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- Hébergement et restauration
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
Steak ‘n Shake was founded in February, 1934 in Normal, Illinois. Gus Belt, Steak ‘n Shake’s founder, pioneered the concept of premium burgers and milk shakes. For over 85 years, the company’s name has been symbolic of its heritage. The word “steak” stood for STEAKBURGER. The term “shake” stood for hand-dipped MILK SHAKES. Gus was determined to serve his customers the finest burgers and shakes in the business. To prove his point that his burgers were exceptionally prime, he would wheel in a barrel of steaks (including round, sirloin, and T-bones) and grind the meat into burgers right in front of the guests. Hence arose the origin of the famous slogan, “In Sight It Must Be Right.” After 85 years, we are continuing Steak n Shake’s tradition of serving the country’s best, freshest, and tastiest burgers and shakes. Steak ‘n Shake Operations, Inc. is a wholly owned subsidiary of Biglari Holdings Inc.
OCCUPANT | SECTEUR D’ACTIVITÉ | m² OCCUPÉS | LOYER/m² | TYPE DE BAIL | FIN DU BAIL | |
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Hébergement et restauration | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
PRINCIPAUX COMMERCES À PROXIMITÉ




TAXES FONCIÈRES
Numéro de parcelle | 14-16-351-011 | Évaluation des aménagements | 150 133 € |
Évaluation du terrain | 60 271 € | Évaluation totale | 210 404 € |
TAXES FONCIÈRES
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Steak 'n Shake | $1.2M Corporate QSR | 614 W Raab Rd
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