KFC ? BRADFORD, PA 119 W Washington St

119 W Washington St , Bradford, Pennsylvania, 16701 | 2,402 sq.f | $ 1,867,000

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About This Restaurant

Investment Highlights

Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years! Generated sales in excess of $1 billion in 2023 (FQSR, LLC is the tenant on the lease, encompasses all restaurant locations) Excellent drive-by visibility/access on PA-346/Washington St (main east/west thoroughfare in Bradford) KBP Foods (the largest KFC franchisee in the U.S.) operates ?800 locations in 28 states (+20% of KFC locations in the U.S. system) New 2024 conversion (total rebuild except exterior walls) - slated to open in July 2024 (est. - under construction) 2023 DEMOGRAPHICS: Total Population (5-MI): 16,758 | Average Household Income (1-MI): $85,960

Executive Summary

(Building & Land) Fee Simple

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Fast Food Fast Food General Retail Bank General Retail Restaurant General Retail Storefront Fast Food
  • Building Size    2,402
  • Building Class    C
  • Year Built    2024
  • Price    1,867,000
  • Price Per SF    777
  • Cap Rate    6
  • NOI    112,000
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.11
  • Land Acres    0.52 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Restaurant
  • Signage
  • Drive Thru
Date Created: 2024-07-16 04:18:11 Last Updated: 2024-07-16 04:18:11
Address: 119 W Washington St , Bradford, Pennsylvania, 16701