KFC

Investment Overview

The subject property is a single-tenant, absolute NNN leased KFC restaurant offered at an 7% CAP. There are 10 years remaining on the original 20-year lease. The KFC property was remodeled in late 2010. There are attractive 10% rent increases every 5 years and in each of the four, five-year option periods. There are no landlord maintenance responsibilities under the terms of the absolute net lease. KBP Foods is headquartered in Overland Park, Kansas. The company currently operates over 1,100 restaurants across the United States. KBP Foods has closed this location, and they continue to pay the rent as they try to source a new tenant.

Investment Highlights

• • Absolute Triple Net (NNN) Lease
• • Tenant is KBP Foods - One of the Largest KFC Franchisees in the Country
• • 10 Years Lease Remaining on the 20 Year Lease
• • High Traffic Counts