New, 20-year NNN lease |
Lease guaranteed by a 161-unit subsidiary of Tasty Restaurant Group, the 9th largest franchisee group in the U.S. with ±500 units across 6 brands |
Strong performing location and sales trends | Site produced nearly 12% above the KFC AUV in 2023 | Sales have increased each of that last 3 years |
Rare, truck rest stop location |
1.50% annual rent increases, beginning in Year 7 of the base term | Yields an average CAP of 6.34% over the base lease term (at List Price) |
Extremely large parcel at 2.88 acres | Potential upside with future development |