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KFC

409 FL-19, Palatka, FL 32177, USA
$2,364,000

Price:
$2,364,000
Cap Rate
5 %
NOI
$ 118200
Development Type
Retail
Building Size
2,761 sqft
Lot Area
0.87 acre
Occupancy
100 %
Year Built
2007
LEAD LISTING AGENT
No Image

Eion Snell

ASSOCIATE



PROPERTY CONTENT

Largest KFC Franchisee in US. 700 units – long operating history. Passive, secure long term tenant. Strong guarantee with great sales.


PROPERTY HIGHLIGHTS

  • The KFC is guaranteed by KBP Foods with over 650 units that covers the lease. KBP is the Largest KFC Franchisee in the US
  • This location has over 17 years left on the lease with 5% increases every 5 years.
  • A well maintained 2,761 square-foot retail property with KFC as the sole occupant since the building's inception in 2007.
  • This Store is out parceled to Publix and surrounding retailers Hibbs, CVS, Dollarstore, Walmart, Home depot, Bank of America, O'Reilly's and Walgreens
  • The new buyer will enjoy a complete hands off passive investment with one of the strongest guarantees in quick service restaurant sector.
  • The property is located on Hwy 19 N in the immediate market area with an average annual daily traffic of 18,433 vehicles.

409 FL-19, Palatka, FL 32177, USA

LEAD LISTING AGENT
No Image

Eion Snell

ASSOCIATE