6040 South Archer Avenue, Chicago, IL 60638 For Sale

LONG TERM LEASE: The KFC is subject to a fresh 10-year lease signed in 2022 that currently has over 5 years of term remaining followed by three (3), 5-year renewal options.

SCHEDULED RENT INCREASES: The KFC lease calls for attractive 10.0% rental increases every five years throughout the primary lease term and at the start of each of the options periods, providing an increase in revenue and a hedge against inflation.

ABSOLUTE NNN LEASE: The KFC is subject to an Absolute NNN Lease with the tenant directly responsible for real estate taxes, insurance, common area maintenance, and all repairs and maintenance for the Property, making it an attractive investment for the passive real estate investor.

LARGEST KFC OPERATOR: The Portfolio is operated by FSQR, LLC which is owned by KBP Brands. KBP Brands is KFC's largest franchisee and the 5th largest restaurant franchisee in the United States with more than 1,100+ total restaurants (830+ KFC Locations), and approximately $1.5B in revenue in 2025.

STRATEGIC RETAIL LOCATION: The Property is strategically located along South Archer Avenue on Chicago's Southwest Side, a well-established commercial corridor serving a dense residential population base. The site benefits from excellent visibility, convenient access, and proximity to a wide variety of national retailers, restaurants, service providers, and daily-needs amenities. The Property is positioned near major transportation routes including Interstate 55 and Cicero Avenue, providing connectivity throughout Chicago and the surrounding metropolitan area. Its infill location within one of the nation's largest metropolitan markets supports consistent consumer demand and long-term real estate fundamentals.

TRADE AREA: The Property benefits from proximity to numerous major retailers, employers, and community destinations throughout the surrounding Southwest Chicago trade area. Nearby traffic drivers include Midway International Airport, Chicago Ridge Mall, Ford City Mall, Marquette Park, Walgreens, Jewel-Osco, Target, Walmart, Mariano's, Aldi, Home Depot, and a variety of national and local retailers along Archer Avenue and nearby commercial corridors. The Property's location within an established retail and residential hub provides strong daily consumer traffic and convenient access for surrounding neighborhoods.

TRAFFIC COUNTS: More than 21,300 vehicles per day pass directly in front of the Property on South Archer Avenue, while the nearby intersection of South Archer Avenue with South Central Avenue sees more than 51,600 vehicles per day.

STRONG DEMOGRAPHICS: More than 22,900+ people live within a 1-mile radius of the Property with an average household income of 134,621. Over 175,000 people live within 3 miles of the Property with an average household income of $110,622.