2236 US Highway 41 N - Fast Food FOR SALE
Henderson, KY 42420 |
$2,028,883 USD
310-558-2029
2236 US Highway 41 N
Henderson, KY 42420
HIGHLIGHTS
- Strong 161-Unit Corporate Guarantee From Tasty Chick'n, LLC: A Subsidiary of Tasty Restaurant Group (TRG)
- Brand Strength: Operating Under the Globally Recognized KFC Brand, This Location Benefits From TRG's Extensive and Market Presence
- Rent Increases & Options: The Lease Features 1.5% Annual Rental Increases Starting in Year 6. Throughout the Initial Term
- Strategic Henderson, KY Location: Located on Hwy 41 N. This KFC Benefits From High Visibility and Significant Traffic
- Proximity to Major Economic Drivers: The Property is Strategically Located Near Deaconess Henderson Hospital
- Robust Retail Environment: The Location is Part of a Well-Established Commercial Corridor, Surrounded By National & Regional Retailer
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,925 SF KFC Located at 2236 Highway 41 North in Henderson, KY. This Deal Includes a 20-Year Absolute NNN Lease, Passive Income, an Experienced Operator and the Lease Features 1.5% Annual Rental Increases, Starting in Year 6, Throughout the Initial Term and in the Option Periods, Steadily Increasing NOI and Hedging Against Inflation, Providing For a Secured Investment.
In Cooperation With ParaSell, Inc. , A Licensed Kentucky Broker - Lic. #260997 BoR: Scott Reid - Lic. KY #260934
FOR SALE DETAILS
PRICE
$2,028,883 USD
PRICE/SF
$694 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KFC - Henderson, KY
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
26
LAND DETAILS
LAND ACRES
1.5 AC
LAND SF
65,340 SF
ZONING
COMMERCIAL
APN/PARCEL ID
65B-50
ASK ABOUT THIS PROPERTY
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310-558-2029
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310-558-2029
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