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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

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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.