This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1 Thurmont Blvd
Thurmont, MD 21788
KFC/Taco Bell: New 20 Year Absolute NNN Lse · Retail Property For Sale
PROPERTY FACTS
Amenities
- Signalized Intersection
- Drive Thru
About 1 Thurmont Blvd , Thurmont, MD 21788
KFC/Taco Bell has a brand new 20-year Absolute NNN lease with attractive 7% rental escalations every 5 years with two 5-year renewal options. The tenant, KBP Foods is the largest KFC franchisee in the US operating 700+ locations in 23 states and will generate sales in excess of $800 million in 2019. This high-volume store has been successfully open and operating for decades with an attractive 7.70% rent-to-sales ratio and is slated for remodel in 2019 – showing the tenants commitment to the location. KFC/Taco bell is located in Thurmont, Maryland just off Catocin Mountain Highway on a hard corner with excellent drive-by visibility. Nearby retailers include: Food Lion, Weis Markets, Ace Hardware, Dollar General, Advance Auto Parts, Goodwill, CVS Pharmacy, etc. The subject location is just 7 miles from Mt. St. Mary’s University (enrollment of 2,131), and 13 miles from Frederick Community College (enrollment of 6,000). *In Association with Maryland Local Broker: Brian Brockman, Bang Realty Inc, #678573
PROPERTY TAXES
| Parcel Number | 15-348070 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,743,938 |
PROPERTY TAXES
