single tenant net leased nnn QSR for sale KFC Dodge City KS Marcus & Millichap commercial real estate

KFC 15-Year Absolute Triple-Net (NNN)

place 1210 W. Wyatt Earp Blvd., Dodge City, Kansas 67801

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EXECUTIVE SUMMARY

LIST PRICE $1,100,000
CAP RATE 6.50%
INCREASES 7.5% Every 5 Years
LEASE TERM 15 Years
OPTIONS Two 5-Year Options
LOT SIZE 61,893 SF or 1.42 Acre
TYPE OF OWNERSHIP Fee Simple
GUARANTY Franchisee

INVESTMENT DESCRIPTION

The Ben-Moshe Brothers of Marcus & Millichap are pleased to offer this KFC property paired with an absolute net 15-Year lease with zero landlord responsibilities (NNN triple-net investment). Kentucky Fried Chicken, more commonly known by its initials KFC, is an American fast food restaurant chain that specializes in fried chicken. Headquartered in Louisville, Kentucky, it is the world's second-largest restaurant chain (as measured by sales) after McDonald's, with almost 20,000 locations globally in 123 countries and territories as of December 2015. The chain is a subsidiary of Yum! Brands, a restaurant company that also owns the Pizza Hut and Taco Bell chains.

INVESTMENT HIGHLIGHTS

    Brand New 15-Year Lease
    Absolute Triple-Net
    Zero Landlord Responsibilities
    This Location Operating Since 1993
    Completely Remodeled By Tenant In 2011
    Experienced Franchisee
    Conservative Rent-to-sales Ratio
    Corner Location
    On Main Retail Corridor
    Large 1.42 Acre Parcel With Plenty Of Frontage
    Over 10 Schools Surrounding The Property Including Dodge City Community College
    Healthy Population Growth
    Convenient Ingress And Egress
    Single-tenant Net-leased Asset

Exclusive Listing


the ben-moshe brothers of marcus millichap commercial real estate nnn caprates bmb roee ben moshe leeor ben moshe
Roee Ben-Moshe
  786-522-7083
  404-683-8383
  Email

the ben-moshe brothers of marcus millichap commercial real estate nnn caprates bmb roee ben moshe leeor ben moshe
Leeor Ben-Moshe
  786-522-7059
  404-307-7515
  Email

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