Marcus & Millichap facilitated the sale of a 1,999-square foot, net-leased KFC in Rockford, Illinois. The asset, which is located at 1502 N. Kilburn Avenue in a desirable, highly trafficked location, sold for $700,000.
Brian Parmacek, a first vice president investments in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer was secured and represented by Calvin Y. Lee, a first vice president in Marcus & Millichap’s Los Angeles office.
