Prime Net Lease is pleased to exclusively present for sale this established singletenant net-leased KFC Restaurant located in Detroit, MI. There are 19+ years remaining on this absolute NNN lease which features 7% increases every five years. The operator is KBP Foods, the largest KFC Franchisee in the United States. KBP operates 840+ locations in 28 states.
Located on Joy Road, West of the Southfield Fwy, it is well-positioned in an Urban Infill location with great Visibility & Access on Joy Road. It is 3 miles from the University of Michigan, Dearborn - a public university with 8,331 students; 5 miles from Henry Ford College - a public community college with an enrollment of 11,494 students. There are over 25 Major Retailers within a 10-mile radius; including, Walmart, Target, Costco, Home Depot, Lowe's Home Improvement, PetSmart, Staples, and many others.
KFC Corporation, based in Louisville, KY., is the world's most popular chicken restaurant chain. There are more than 24,000 restaurants in over 145 countries and territories around the world. KFC Corporation is a subsidiary of YUM! Brands, Inc. which operates the licensed brands Taco Bell, KFC, Pizza Hut worldwide.