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KFC Portfolio

1800 20th Street Ensley, Birmingham, AL

Pricing

Price: $1,483,220

Cap Rate: 5.50%

NOI: $81,577.10

Price Per SF: $672.97

Leasable Area: 2,204+ SF

Average Term Remaining: 14.5 Years

Year Built/Remodeled: 1980/2018

Occupancy: 100%

Lot Size: 2.0 Acres

Status: Available

Highlights

  • Strong Tenant - 770+ Unit operator and growing, the Largest KFC Franchise Operator in the Nation.

  • Long Term Lease - There are 14.5 years remaining on base lease term, followed by four, 5-year renewal options following the base term. 

  • Rental Increases - The property has 2% annual rental increases starting in 2021.

  • Excellent Locations & Demographics - Located on a hard signalized corner with excellent frontage in a densely populated area of Birmingham, AL (81,000+ residents within a 3-mile radius).

  • Zero Landlord Responsibility - All locations are on Absolute Triple Net Leases. There are Zero Management responsibilities, perfect for buyers looking for a “hands-off” investment.

BROKERS OF RECORD: Bang Realty-Alabama, Inc RE # 000119750

41995 Boardwalk Suite L-1

Palm Desert, CA 92211

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Tel: 800-948-1250

Fax: 717-797-0004

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