Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years! |
Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states. |
Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±832 locations (+20% of KFC locations in the U.S. system) |
Successfully open and operating for over a decade with sales well above the KFC systemwide average with an attractive 7.98% Rent-to-Sales ratio! |
Well positioned in dominant retail corridor on a large ±1.247-acre lot, adjacent to Walmart Supercenter & across the street from Lowe’s |
2023 DEMOGRAPHICS: Total Population (5-MI): 26,166 | Average Household Income (1-MI): $78,831 |