About This Restaurant
Investment Highlights
The site is operated by KBP Foods which is the largest KFC Franchise in the US with over 840 locations in 28 states (FQSR, LLC is the tenant on the Le The property is strategically located off Crain HWY, giving an average daily traffic count of over 42,800 VPD With increasing demand for convenient and quick service options, having a drive-thru facility provides a competitive advantage, attracting a larger c The lease agreement with FQSR, LLC is structured as an Absolute NNN lease with zero landlord responsibilities. National tenants nearby include Starbucks, Advanced AutoParts, Dollar Tree, Wendy?s, Arby?s, McDonald?s, Dunkin Donuts, and more The lease agreement includes provisions for 8% rental increases every 5 years, allowing the landlord to effectively hedge against inflationary pressur
Executive Summary
Broker of RecordKyle MatthewsLicense No. 664913 (MD)(866) 889-0550Matthews Real Estate Investment Services, Inc1600 West End,Ste. 1500 Nashville, TN 37203
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food
- Building Size 3,249
- Building Class B
- Year Built/Renovated 2001/2021
- Price 2,470,024
- Price Per SF 760
- Cap Rate 6.80
- NOI 167,962
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.08
- Land Acres 0.98 AC
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 03-3121845 | Improvements Assessment | $1,063,900 |
| Land Assessment | $1,767,600 | Total Assessment | $2,831,500 |
| Date Created: | 2024-07-16 04:16:17 | Last Updated: | 2024-07-16 04:16:17 |
| Address: | 5785 Crain Hwy , Upper Marlboro, Maryland, 20772 | ||