NNN KFC & Long John Silver’s Bradenton FL

  • Price: US $1,867,000
  • Property Type: Free standing                    
  • Occupancy: 100%
  • CAP: 5.25%
  • Building Area: approx.  2,960 SF =275 m²
  • Lot:  approx.  .82 Acres = 3,440m²
  • NOI: US $98,000
  • Annual Expenses: 0 (Zero) NNN- Tenant responsible for all expenses including property tax, insurance and maintenance
  • Contract Terms: 20 years New
  • Increases: 5% every 5 year
  • Extensions: 2- 5 years’ options
  • Guarantor: KBP foods (the largest KFC Franchise in the US operates 611 locations in 23 states)
  • Location: Successfully opened & operating since 2004 with an Attractive 8% rent to Sale ratio
  • Extra: Hard Corner Location (E State RD& 54th ST CT E) with great high drive-by visibility where traffic Counts exceeds 47,000CPD