3212 Leitchfield Rd rd - Fast Food FOR SALE
Owensboro, KY 42303 |
$1,885,250 USD
310-558-2029
3212 Leitchfield Rd rd
Owensboro, KY 42303
HIGHLIGHTS
- Strong 161-Unit Corporate Guarantee From Tasty Chick'n, LLC: A Subsidiary of Tasty Restaurant Group (TRG), a Premier Franchise Operator
- Operating Under the Globally Recognized KFC Brand, This Location Benefits From TRG's Extensive Experience and Market Presence; With 161 KFC Locations
- The Lease Features 1.5% Annual Rental Increases Starting in Year 6. Throughout the Initial Term, and in the Option Periods, Steadily Increasing NOI
- Located on Leitchfield Rd., This KFC Benefits From High Visibility and Significant Traffic. With Over 20,000 Vehicles Passing Daily
- The Property is Strategically Located Near Owensboro Health Regional Hospital, Which Employs Over 4,300 Healthcare Professionals
- The Location is Part of a Thriving Commercial Corridor. Surrounded By National and Regional Retailers Such as Walmart, Lowe's, and Kroger
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,120 SF KFC Located at 3212 Leitchfield Road in Owensboro, KY. This Deal Includes a 20-Year Absolute NNN Lease, Passive Income, and 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
$1,885,250 USD
PRICE/SF
$604 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KFC - Owensboro, KY
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
003-30-01-001-00-000
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310-558-2029
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310-558-2029
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