loader
Join

Current Status *

Current Status Required

Ownership

Lease Type

State

Region

State

City / Metro

Property Type

  • Tenant Type

Tenant Name

Total # Tenants

Lease Guarantor

PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 346 Updated: 11.19.24 Posted: 11.19.24 Status: Active    

Summary

Price $1,103,613
Built/Renov 1981/2020
Tenant KFC (GL)
Cap Rate 6.20%
Lease Type Abs NNN
Guarantor Franchisee
Size/SF 1,706
Lease Start 10-01-2016
#Units 14
Price/SF $646.90
Expiration 09-30-2026
Tenant Type Fast Food/QSR
NOI $68,424
R. Term 0.11
Ownership Ground Lease
Rent/SF $40.11
Increases 2.5%/1/yrs
Pop 5Mi 163,903
Lot/AC 0.56
Options 2/5yrs/3%
AHHI 5Mi $64,309

Highlights

  • 1+ years remaining on the current ground lease term with 2 (5-year) options to extend
  • 2.5% annual rental increases throughout the primary term and 3% annual increases throughout the options
  • Absolute NNN lease | Zero landlord responsibilities
  • Multi-unit, multi-state franchisee operator

Location Description

KFC is strategically located on Dixie Highway in a dense retail corridor with nearly 57,000 vehicles passing by daily, offering incredible traffic exposure and multiple points of ingress/egress for efficient traffic flow. The site is surrounded by national tenants such as Panera Bread, Starbucks, Chick-fil-A, Walmart, Home Depot, Lowe’s, McDonald’s, Qdoba, Hobby Lobby, Toyota, Chevrolet, and...

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: KFC
  • Guarantor:Franchisee
  • Company:Houston Enterprises USA, Inc.
  • # Units:14
  • Tenant S&P: BB+
  • Moody’s: Ba2
  • Stock: NYSE: YUM

About Tenant

The KFC Corporation (aka Kentucky Fried Chicken) is an American fast-food chain specializing in fried chicken. KFC's core product offering is pressure-fried on-the-bone chicken pieces seasoned...


...

Demographics

  1 Miles 3 Miles 5 Miles
2030 Total Population : 7,992 77,262 165,169
2025 Total Population : 7,751 77,255 164,949
2025 Employed Civilian Pop : 3,748 38,068 79,752
2025 Total Businesses : 307 1,669 3,860
2025 Average Household Income : $ 74,654 $ 79,880 $ 73,134
2025 Total Consumer Spending : $ 206 M $ 2177 M $ 4230 M
2025 Median Age : 42 41 39
2025 Total Households : 3,169 31,230 65,992
2025 Pop Age 25+: Bachelor's Degree : 713 6,980 14,476
2025 Average Home Value : $ 256,057 $ 269,032 $ 252,878
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Dixie Hwy Saint Andrews Church Rd 2007 52,530 0.30 mi
Saint Andrews Church Rd Woody Ln 2012 17,011 0.38 mi
Greenwood Rd Greenwood Manor Rd 2010 15,345 0.42 mi
Dixie Hwy Lower Hunters Trce 2010 41,890 0.42 mi
Lower Hunters Trce Nall Ave 2010 10,720 0.50 mi
Dixie Hwy Welby Rd 2010 42,400 0.55 mi
Greenwood Rd Ralston Ave 2010 17,600 0.66 mi
Blanton Ln Dixie Hwy 2010 9,881 0.66 mi
Dixie Hwy Fury Way 2012 37,311 0.70 mi
Mills Dr 2022 8,488 0.72 mi

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

Get NNN Listings, News
& Insights in Your Inbox