The subject investment 1215 West Main Street, Shelbyville, Illinois. The property sits on approximately 0.48 acres of land and is comprised of roughly 2,613 square feet of building space.

The property is subject to a 12-year triple-net (NNN) lease with no landlord responsibilities. There is roughly half a year remaining on the first, five-year option period. The tenant has shown their dedication to the site by extending the original lease term and exercising this option. Following the first option, the tenant has the ability of exercising an additional two, five-year options. The annual base rent is $27,008 and is set to increase 5 percent every five years.

NPC Restaurant Holdings, LLC, through its subsidiary, NPC International, Incorporated, operates as a franchisee of Pizza Hut restaurants in the United States. NPC International, Inc orporated operates 1,263 Pizza Hut units in 28 states with presence in the Midwest, South, and Southeast; and 91 Wendy’s units in three states. NPC Restaurant Holdings, LLC was founded in 1962 and is based in Overland Park, Kansas.