KFC - Owensboro, KY | 3212 Leitchfield Rd rd
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KFC - Owensboro, KY 3212 Leitchfield Rd rd
3,120 SF Retail Building Owensboro, KY 42303 $2,703,580 CAD ($867 CAD/SF) 6% Cap Rate
Investment Highlights
- A Subsidiary of Tasty Restaurant Group (TRG), a Premier Franchise Operator Managing Over 400 Restaurant
- The Lease Features 1.5% Annual Rental Increases Starting in Year 6. Throughout the Initial Term, and in the Option Periods
- The Property is Strategically Located Near Owensboro Health Regional Hospital, Which Employs Over 4,300 Healthcare Professionals
- Operating Under the Globally Recognized KFC Brand, This Location Benefits From TRG's Extensive Experience & Market Presence
- Located on Leitchfield Rd., This KFC Benefits From High Visibility and Significant Traffic. With Over 20,000 Vehicles Passing Daily
- The Location is Part of a Thriving Commercial Corridor. Surrounded By National and Regional Retailers Such as Walmart, Lowe's & Kroger
Executive Summary
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
In Cooperation With ParaSell, Inc. , A Licensed Kentucky Broker - Lic. #260997 BoR: Scott Reid - Lic. KY #260934
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,120 SF
Year Built
2000
Price
$2,703,580 CAD
Price Per SF
$867 CAD
Cap Rate
6%
NOI
$162,215 CAD
Tenancy
Single
Building Height
1 Story
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Tasty Chick’n, LLC
- Accommodation and Food Services
- 3,120 SF
- $51.99 CAD
- Sep 2044
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Tasty Chick’n, LLC | Accommodation and Food Services | 3,120 SF | $51.99 CAD | Sep 2044 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 003-30-01-001-00-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,436,897 CAD |
PROPERTY TAXES
Parcel Number
003-30-01-001-00-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,436,897 CAD
Contacts
-
Tyler McGarry -
Adam Scherr -
Jonathan Silver -
Sands Investment Group Santa Monica, LLC
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KFC - Owensboro, KY | 3212 Leitchfield Rd rd
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