Tuesday, November 8, 2011

KFC/Taco Bell (NNN) Net Leased Investment Properties for Sale

NNN Leased Investment Properties


KFC/Taco Bell Triple Net (NNN) Leased Investment Offerings


Asking Price $1,200,000  CAP Rate 6.25%
NOI
$75,000

Rent/Month
$6,250

Lease Type
NNN Ground Lease

Lease Term
20 Years

Lease Expiration
2028
Rent Escalations
10% Every 5 Years

Options
Two 5-Year Options

Land Area
2.15 acres

Built
2008

Guarantee
Franchisee, Kazi Foods

HIGHLIGHTS
  • NNN Ground Lease with 17 years remaining, plus options
  • 10% Rent bumps every 5 years
  • Ideal location across from Wal-Mart & Lowes anchored center
  • Guarantor is national Yum! Brands franchisee with 265+ units, including 247 KFC restaurants
  • Kazi Foods is listed by GE Capital as #59 on their top 150 largest franchisee operators
LOCATION OVERVIEW





You may visit our website
to view the entire NNN Leased Investment Properties 





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