KFC Portfolio

Alabama & Oklahoma

Pricing

Price: $4,326,981

Cap Rate: 5.78%

NOI: $250,065.20

Price Per SF: $491.98

Leasable Area: 8,795+ SF

Average Term Remaining: 12.5 Years

Year Built/Remodeled: 2008-2014

Occupancy: 100%

Lot Size: 71,460 SF

Status: Available

Highlights

  • Strong Tenant - 739+ Unit operator and growing, the Largest KFC Franchise Operator in the Nation.

  • Long Term Leases - The three properties average 112.5 years remaining on their base lease terms. All properties have four, 5-year renewal options following the base term. 

  • Rental Increases - All properties in the portfolio have rental increases during the base term of ranging from 2% annually to 10% every five years.

  • Portfolio Diversity - The properties are located in two different states: Alabama & Oklahoma.

  • Excellent Locations & Demographics - All properties are in or near densely populated areas.

  • 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-Oklahoma, Inc RE# 177814; Bang Realty-Alabama, Inc RE # 000119750

CONTACT US

We'd Love to Hear From You!

Main Office

9891 Irvine Center Drive

Suite 200

Irvine, CA 92618

Tel: 800-948-1250

Fax: 717-797-0004

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© 2018 Prime Net Lease | All Rights Reserved | NNN Investment Advisors in Irvine, California

Branch Office

41995 Boardwalk

Suite L1

Palm Desert, CA 92211

Tel: 800-948-1250

Fax: 717-797-0004

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