Alabama & Oklahoma
Cap Rate: 5.78%
Price Per SF: $491.98
Leasable Area: 8,795+ SF
Average Term Remaining: 12.5 Years
Year Built/Remodeled: 2008-2014
Lot Size: 71,460 SF
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.