KFC/Taco Bell 1055 7th North St

Investment Highlights

Absolute NNN Lease | No Landlord Responsibilities Traffic | Conveniently located on 7th North St. and Electronics Pkwy with I-90 Freeway visibility that have a combined 53,000+ vehicles per day New lease and recently renovated in 2019 showing a long term commitment to the location Top KFC Franchisee | KBP Foods operates 800+ restaurants in 28 States and over $1 Billion in revenue in 2022 Long-Term Lease | Over 10 Years remaining on the Lease and two 5-year Options with 10% Rental Increases, offering a nice hedge against inflation Parcel Size | 1.07 Acre Lot

Executive Summary

CBRE is pleased to offer for sale a Dual-Brand KFC/ Taco Bell in Liverpool, New York. The tenant hasbeen successfully operating at this location for over 25 years and is operated by FQSR, LLC, the nation?stop KFC Franchisee, with over 840 locations in 28states. KFC / Taco Bell has over 10 Years remainingon the Lease and two 5-year options with 10% rental increases, providing a strong hedge against inflation.The subject property is approximately 3,341 square feet and sits on a large 1.07-acre lot. Creativelypositioned within New York?s capital region, the property is fueled by its drive-thru capability andexcellent visibility and accessibility from I-90 and Electronics Pkwy, which see over 53,000 VPD combined. This KFC / Taco Bell property offers a unique opportunity to capitalize on a long-term lease with a strong operator in a thriving MSA.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Fast Food
• Building Size    3,341
• Building Class    C
• Year Built/Renovated    1998/2019
• Price    2,303,815
• Price Per SF    690
• Cap Rate    6.50
• NOI    149,748
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.07
• Land Acres    1.07 AC

• Bus Line
• Signage
• Drive Thru