Tammy Saia Contact Info:
Phone: (630) 570-2226
Email: tsaia@marcusmillichap.com
Tami Andrew Contact Info:
Phone: (630) 570-2179
Email: tandrew@marcusmillichap.com
Debbies' - Little Caesar's Center
Multiple Year NN Leases; Annual Increases, Options
New Build in 2015 | Drive-Thru Lane for Little Caesar's Unit
Multiple Year NN Leases
Over 18,000 Vehicles per Day Pass the Property
Little Caesar's Franchisee Owns Two Additional Stores in the Decatur Area
Debbie's has Four Additional Stores in the Area
Both Leases Have Annual Increases, Options
3611 East US 36, Decatur, IL 62521
OFF MARKET
Market Summary
Price $653,280
Cap Rate 8.50%
Rentable SF 2,438 SF
Price per SF $267.96
Year Built / Renovated 2000 / 2015
Lot Size .54 Acres
Description
Marcus & Millichap is pleased to present 3611 East Route 36 in Decatur, Illinois. The property was built in 2015 and is a two-tenant strip center occupied by Debbie's Video and Slots and Little Caesar's Pizza, both on NN leases with annual increases and extensions. Debbie's is a gaming facility with five locations throughout the Decatur area. Little Caesar's, a national pizza company, occupies the second space. The franchisee owns two additional stores in Decatur.
Little Caesar's is an internationally recognized brand known for providing one of the worlds favorite foods quickly, conveniently, affordably and using quality ingredients. Named “Best Value in America” for nine years in a row, Little Caesars is a great value for the customers they serve.
Debbie's Video and Slots is locally owned, quiet and clean, and offers a quaint gambling environment with the newest slots and video poker games in the area.