About This Restaurant
Investment Highlights
Long-term Triple-Net Lease with Zero Landlord Responsibility 20-Year Sale-Leaseback Attractive Rental Increases and Renewal Options Two Percent (2.0%) Annual Rent Increase and Four (4) Tenant Renewal Periods of Five (5) Years Each Franchisee Guarantee Large KFC Operator with ~70 Locations and Plans for Expansion | Contact Listing Broker for More Information
Executive Summary
NNN Pro and Bang Realty are pleased to present the exclusive listing for a KFC located at 3000 Fort Campbell Blvd, Hopkinsville, KY 42240. The site consists of roughly 2,050 rentable square feet of building space on an estimated 0.52-acre parcel of land. This KFC is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $131,000 and has scheduled increases of 2.00% Annually.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Fast Food
- Building Size 2,050
- Building Class C
- Year Built 2017
- Price 2,278,261
- Price Per SF 1,111
- Cap Rate 5.75
- NOI 131,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.09
- Land Acres 0.52 AC
Amenities
- Drive Thru
Nearby Amenities & Transportation
Retail | Waffle House | ||
Retail | Truist | ||
Retail | Shoney's | ||
Retail | Chicken Salad Chick | ||
Retail | Kroger | ||
Retail | Buffalo Wild Wings | ||
Retail | Rent-A-Center | ||
Retail | Starbucks | ||
Retail | U.S. Bank | ||
Retail | Planet Fitness |
Property Taxes
Parcel Number | 227-00-02-014.00 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $1,500,000 |
Date Created: | 2024-07-16 04:16:15 | Last Updated: | 2024-07-16 04:16:15 |
Address: | 3000 Fort Campbell Blvd , Hopkinsville, Kentucky, 42240 |