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$ 2,892,000

KFC

Fast Food/QSR  

Cap Rate 7.25% | SF 2,953 | Term 10.60
Rossford, OH 43460
  • Hard corner intersection

  • Oversized lot

  • Major thoroughfare

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Long 20+ yr lease

  • Absolute NNN

  • Over 500 units backed

  • Top franchise operator

  • ...
  • 20-year original lease term, commenced April 2016, expiring March 2036

  • Over 10 years of absolute NNN lease term remaining with four 5-year renewal options

  • Scheduled 9.1% rent increases in 2026 and 2031, plus 2% annual increases during option periods

  • Lease guaranteed by FSQR, LLC, one of the largest KFC franchisees with 840+ units

  • 2,953 SF building on a 1.49-acre parcel, built in 2009

  • Prime retail hub location shadow anchored by Meijer with strong national co-tenancy

  • 5-mile trade area includes 83,512 residents with an average household income of $97,233

  • Tenant KFC
  • Guarantor Corp T and Rated
  • #Units 29,900
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

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 with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who sold fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. By the end of 2022, the brand operated over 29,900 stores in over 149 countries, with 99% being franchises. In 2023, their revenue was over $34.83B. The chain is a subsidiary of Yum! Brands. 

 

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 58,700 company-owned and franchised restaurant locations across 157 countries and territories worldwide. The company closed out 2023 with system sales of $64.9B, across all divisions, with a current market cap of $39.0B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 2,282,000

KFC

Fast Food/QSR  

Cap Rate 5.25% | SF 3,305 | Term 2.00
Buckeye, AZ 85326
  • Signalized intersection

  • In location for years

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Affluent AHHI $100K 5 Mi

  • Major MSA

  • Long operation history

  • Store sales reported

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • KFC has operated at this location since 2007 with a proven history of performance in a premier retail corridor
  • The lease features four five year option with 10% increase in each option
  • Absolute NNN Lease | Zero Landlord Responsibilities
  • Corporate Guarantee
  • Tenant KFC
  • Guarantor Corp T and Rated
  • #Units 29,900
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

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 with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who sold fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. By the end of 2022, the brand operated over 29,900 stores in over 149 countries, with 99% being franchises. In 2023, their revenue was over $34.83B. The chain is a subsidiary of Yum! Brands. 

 

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 58,700 company-owned and franchised restaurant locations across 157 countries and territories worldwide. The company closed out 2023 with system sales of $64.9B, across all divisions, with a current market cap of $39.0B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 1,103,613

KFC (GL)

Fast Food/QSR  

Cap Rate 6.20% | SF 1,706 | Term 0.6
Louisville, KY 40258
  • Recent renovation

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Annual rent increases

  • Top performing store

  • Personal guarantee

  • ...
  • 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
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 14
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

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 with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who sold fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. By the end of 2022, the brand operated over 29,900 stores in over 149 countries, with 99% being franchises. In 2023, their revenue was over $34.83B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 58,700 company-owned and franchised restaurant locations across 157 countries and territories worldwide. The company closed out 2023 with system sales of $64.9B, across all divisions, with a current market cap of $39.0B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 1,885,250

KFC

Fast Food/QSR  

Cap Rate 6.00% | SF 1 | Term 18.6
Owensboro, KY 42303
  • Dense retail corridor

  • Near major nationals

  • Strong tenant synergy

  • Highway close

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Annual rent increases

  • 100+ unit franchisee backed

  • ...
  • Brand new 20-year lease with 4 (5-year) options to extend
  • The lease features 1.5% annual rental increases starting year 6 and at the start of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Tasty Chick'n, LLC (162 units backed)
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 162
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

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 with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who sold fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. By the end of 2022, the brand operated over 29,900 stores in over 149 countries, with 99% being franchises. In 2023, their revenue was over $34.83B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 58,700 company-owned and franchised restaurant locations across 157 countries and territories worldwide. The company closed out 2023 with system sales of $64.9B, across all divisions, with a current market cap of $39.0B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 1,979,398

KFC

Fast Food/QSR  

Cap Rate 6.15% | SF 2,925 | Term 18.6
Henderson, KY 42420
  • Dense retail corridor

  • Near major nationals

  • Highway location

  • Strong tenant synergy

  • Major MSA

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Annual rent increases

  • 100+ unit franchisee backed

  • ...
  • Brand new 20-year lease with 4 (5-year) options to extend
  • The lease features 1.5% annual rental increases starting year 6 and at the start of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Tasty Chick'n, LLC (162 units backed)
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 162
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

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 with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who sold fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. By the end of 2022, the brand operated over 29,900 stores in over 149 countries, with 99% being franchises. In 2023, their revenue was over $34.83B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 58,700 company-owned and franchised restaurant locations across 157 countries and territories worldwide. The company closed out 2023 with system sales of $64.9B, across all divisions, with a current market cap of $39.0B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 1,911,009

KFC

Fast Food/QSR  

Cap Rate 5.75% | SF 4,188 | Term 18.6
Vinton, VA 24179
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Highway location

  • Major MSA

  • Brand new lease

  • Long 15+ yr lease

  • Annual rent increases

  • 100+ unit franchisee backed

  • ...
  • Brand new 20-year lease with 4 (5-year) options to extend
  • The lease features 1.5% annual rental increases starting year 6 and at the start of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Tasty Chick'n, LLC (162 units backed)
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 162
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

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 with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who sold fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. By the end of 2022, the brand operated over 29,900 stores in over 149 countries, with 99% being franchises. In 2023, their revenue was over $34.83B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 58,700 company-owned and franchised restaurant locations across 157 countries and territories worldwide. The company closed out 2023 with system sales of $64.9B, across all divisions, with a current market cap of $39.0B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 1,897,925 |$ 2,393,000

KFC

Fast Food/QSR  

Cap Rate 7.38% | 5.85% | SF 5,300 | Term 18.8
Cookeville, TN 38506
  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Freeway visibility

  • Income tax free state

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • Annual rent increases

  • 100+ unit franchisee backed

  • ...
  • Brand new 20-year lease with 4 (5-year) options to extend
  • The lease features 1.5% annual rental increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by a 161-unit subsidiary of Tasty Restaurant Group, the
  • 9th largest franchisee group in the U.S. with nearly 500 units across 6 brands
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 161
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

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 with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who sold fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. By the end of 2022, the brand operated over 29,900 stores in over 149 countries, with 99% being franchises. In 2023, their revenue was over $34.83B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 58,700 company-owned and franchised restaurant locations across 157 countries and territories worldwide. The company closed out 2023 with system sales of $64.9B, across all divisions, with a current market cap of $39.0B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 2,745,000

KFC

Fast Food/QSR  

Cap Rate 7.00% | SF 2,953 | Term 10.0
Rossford, OH 43460
  • Signalized intersection

  • Hard corner intersection

  • Near major nationals

  • Shopping Ctr out-parcel

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Long 10+ yr lease

  • Top franchise operator

  • ...
  • KFC has 11+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features fluctuating rental increases throughout the initial term and 2% annual increases throughout each option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by FSQR, LLC (361 units backed)
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 361
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

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 with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who sold fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. By the end of 2022, the brand operated over 29,900 stores in over 149 countries, with 99% being franchises. In 2023, their revenue was over $34.83B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 58,700 company-owned and franchised restaurant locations across 157 countries and territories worldwide. The company closed out 2023 with system sales of $64.9B, across all divisions, with a current market cap of $39.0B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

FSQR, LLC is part of KBP Foods. KBP Foods is the largest KFC franchisee in the United States and had $1.4B in revenue in 2023. FSQR, LLC is tenant on the lease and encompasses all restaurant locations. 

...

$ 0 |$ 2,211,300

KFC

Fast Food/QSR  

| 5.00% | SF 2,089 | Term 12.7
Bradenton, FL 34208
  • Signalized intersection

  • High traffic 50M+ VPD

  • Near major nationals

  • Strategically located

  • Highway location

  • Dense 200M+ pop 5 mi

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Top franchise operator

  • ...
  • KFC has 14+ years remaining on their primary term with 2 (5-year) options to extend
  • The lease features 5% rental increases every 5 years throughout the primary term and at the start of each option
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by KBP Foods (800+ units)
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 800
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

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 with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who sold fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. By the end of 2022, the brand operated over 29,900 stores in over 149 countries, with 99% being franchises. In 2023, their revenue was over $34.83B. The chain is a subsidiary of Yum! Brands. 

 

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 58,700 company-owned and franchised restaurant locations across 157 countries and territories worldwide. The company closed out 2023 with system sales of $64.9B, across all divisions, with a current market cap of $39.0B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY. 

...

$ 1,150,000 |$ 1,217,000

KFC

Fast Food/QSR  

Cap Rate 6.09% | 5.75% | SF 2,100 | Term 14.3
Lafayette, LA 70506
  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Shopping Ctr out-parcel

  • Strong tenant synergy

  • Strong demographics

  • Major MSA

  • Long 15+ yr lease

  • Absolute NNN

  • Top franchise operator

  • ...
  • KFC has 16 years remaining on the current lease term with 2 (5-year) options to extend
  • The lease features 7% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by FQSR, LLC (840 units backed)
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 840
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

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 with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who sold fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. By the end of 2022, the brand operated over 29,900 stores in over 149 countries, with 99% being franchises. In 2023, their revenue was over $34.83B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 58,700 company-owned and franchised restaurant locations across 157 countries and territories worldwide. The company closed out 2023 with system sales of $64.9B, across all divisions, with a current market cap of $39.0B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

KBP Brands ("KBP") is one of the Top 100 Private Companies and Corporate Report 100 Fastest Growing Companies. Across its three brands, KBP operates 1,000+ restaurants in 28 states with 15,000+ employees. The company ranked #3 in Nation's Restaurant News' list of Top 100 Growth in U.S. Food Service Revenue, among many other industry and growth accolades over the years. FQSR, LLC is a brand of KBP and is the largest KFC franchisee in the U.S. with 840+ locations in 28 states. Other brands of KBP include KBP Bells, LLC (a 47-unit Taco Bell entity) and KBP Inspired, LLC (a 117-unit Arby's entity).

...

$ 1,133,333

KFC (GL)

Fast Food/QSR  

Cap Rate 6.00% | SF 2,430 | Term 13.3
Marion, AR 72364
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Freeway visibility

  • Top 100 MSA

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • 25+ unit franchisee backed

  • ...
  • Brand-new 2024 construction
  • KFC will be executing a brand-new 15-year lease with 4 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by Tasty Chick'n Midwest, LLC. (40 units backed)
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 40
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

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 with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who sold fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. By the end of 2022, the brand operated over 29,900 stores in over 149 countries, with 99% being franchises. In 2023, their revenue was over $34.83B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 58,700 company-owned and franchised restaurant locations across 157 countries and territories worldwide. The company closed out 2023 with system sales of $64.9B, across all divisions, with a current market cap of $39.0B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 2,220,000 |$ 2,256,000

KFC

Fast Food/QSR  

Cap Rate 4.32% | 4.25% | SF 1,661 | Term 7.10
Fort Lauderdale, FL 33312
  • Signalized intersection

  • Recent renovation

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Absolute NNN

  • Top franchise operator

  • ...
  • KFC has 9+ years remaining on the current lease term with 2 (5-year) options to extend
  • The lease features 8% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by KBP Foods (850 units backed)
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 850
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

The KFC Corporation (aka Kentucky Fried Chicken) is an American fast-food chain that specializes in fried chicken. KFC's core product offering is pressure-fried on-the-bone chicken pieces seasoned with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who sold fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and has been operating for more than 70 years. Today, KFC is the second largest (measured by sales) restaurant chain in the world, after McDonald’s. By the end of 2022, the brand operated over 27,750 stores in over 140 countries, with 99% being franchises. In 2022, their revenue was over $31.11B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 55,300 company-owned and franchised restaurant locations across 156 countries and territories worldwide. The company closed out 2022 with system sales of $59.2B, across all divisions, with a current market cap of $36.07B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

KBP Brands is a KFC and Taco Bell franchisee with over 20 years of experience in the KFC system. They own and operate 800 locations in 26 states. In 2021, they passed over $1 Billion in revenue.

...

$ 2,618,000

KFC

Fast Food/QSR  

Cap Rate 5.50% | SF 3,000 | Term 13.0
Machesney Park, IL 61115
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Shopping Ctr out-parcel

  • Affluent suburb location

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • KFC will be executing a brand new 15-year lease with 3 (5-year) options to extend
  • The lease features 10% rental increases every 5 years throughout the initial term and each option period
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by Franchisee
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 1
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

The KFC Corporation (aka Kentucky Fried Chicken) is an American fast-food chain that specializes in fried chicken. KFC's core product offering is pressure-fried on-the-bone chicken pieces seasoned with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who began selling fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. Today, KFC is the second largest (measured by sales) restaurant chain in the world, after McDonald’s. By the end of 2022, the brand operated over 27,750 stores in over 140 countries, with 99% of them being franchises. In 2022, their revenue was over $31.11B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 55,300 company-owned and franchised restaurant locations across 156 countries and territories worldwide. The company closed out 2022 with system sales of $59.2B, across all divisions, with a current market cap of $36.07B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 2,618,000

KFC

Fast Food/QSR  

Cap Rate 5.50% | SF 2,485 | Term 13.0
Janesville, WI 53545
  • Major thoroughfare

  • Dense retail corridor

  • Freeway close

  • Highway location

  • Affluent suburb location

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Personal guarantee

  • ...
  • KFC will be executing a brand new 15-year lease with 3 (5-year) options to extend
  • The else features 10% rental increases every 5 years throughout the initial term and each option period
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by Franchisee
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 1
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

The KFC Corporation (aka Kentucky Fried Chicken) is an American fast-food chain that specializes in fried chicken. KFC's core product offering is pressure-fried on-the-bone chicken pieces seasoned with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who began selling fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. Today, KFC is the second largest (measured by sales) restaurant chain in the world, after McDonald’s. By the end of 2022, the brand operated over 27,750 stores in over 140 countries, with 99% of them being franchises. In 2022, their revenue was over $31.11B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 55,300 company-owned and franchised restaurant locations across 156 countries and territories worldwide. The company closed out 2022 with system sales of $59.2B, across all divisions, with a current market cap of $36.07B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 1,169,140 |$ 1,193,000

KFC | Taco Bell

Fast Food/QSR  

Cap Rate 6.12% | 6.00% | SF 3,317 | Term 5.3
Bennington, VT 05201
  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Freeway close

  • Strong tenant synergy

  • Absolute NNN

  • Traded and rated company

  • Personal guarantee

  • 50+ unit franchisee backed

  • ...
  • KFC | Taco Bell has 7+ years remaining on the current lease term with 4 (5-year) options to extend
  • Lease features 7.5% rental increases every 5 years throughout the initial term and at the start of each option period
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by Franchise Management Inc.
  • Tenant KFC | Taco Bell
  • Guarantor Franchisee
  • #Units 75
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

Franchise Management Inc. (FMI) is one of the largest Pizza Hut, KFC, and Taco Bell franchise operators in North America. FMI also operates Panera Bread cafes in Canada. FMI Group is proud to own and operate more than 340 locations across Canada and the United States. All operations are administered from our Business Support Center in Woodstock, New Brunswick, Canada.

The owners, Dwight and Greg, are immensely proud of the team that has become FMI. They attribute much of their success to the powerhouse brands and partners they work with, and the strong team of leaders they surround themselves with. The FMI team is over 6,500 and growing, spread across North America. FMI is fortunate to employ a diverse, dedicated team that enables their continued growth. FMI actively recruits and hires both local talent and candidates looking for work in North America. FMI prides itself on attracting and developing talented team members and leaders – FMI is successful when its employees grow as they grow. The opportunities are endless with FMI Group. We believe in serving our guests from best-in-class restaurants and storefronts. FMI is continually building and renovating our restaurants and Cafes. By reinvesting millions of dollars into our locations and local economies each year, we maintain dominant brands that grow sales. FMI brands will be relevant and ready to grow for many years to come.

...

$ 800,000 |$ 940,000

KFC (Dark)

Fast Food/QSR  

Cap Rate 7.05% | 6.00% | SF 2,207 | Term 1.6
North Chicago, IL 60064
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Traded and rated company

  • Top franchise operator

  • ...
  • KFC (dark location) has 3+ years remaining on the current lease term
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by KBP Brands | Over 800 units backed
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 800
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

The KFC Corporation (aka Kentucky Fried Chicken) is an American fast-food chain that specializes in fried chicken. KFC's core product offering is pressure-fried on-the-bone chicken pieces seasoned with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who began selling fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. Today, KFC is the second largest (measured by sales) restaurant chain in the world, after McDonald’s. By the end of 2022, the brand operated over 27,750 stores in over 140 countries, with 99% of them being franchises. In 2022, their revenue was over $31.11B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 55,300 company-owned and franchised restaurant locations across 156 countries and territories worldwide. The company closed out 2022 with system sales of $59.2B, across all divisions, with a current market cap of $36.07B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 0 |$ 520,000

KFC

Fast Food/QSR  

| 8.00% | SF 2,872 | Term 0.6
Owatonna, MN 55060
  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Hospital close

  • Strong tenant synergy

  • Highway close

  • Absolute NNN

  • Traded and rated company

  • Personal guarantee

  • 50+ unit franchisee backed

  • ...
  • KFC has 2+ years remaining on the current lease term
  • Absolute NNN | Zero landlord responsibilities
  • Franchisee guarantee with largest KFC franchise in Minnesota with 50+ stores
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 50
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

The KFC Corporation (aka Kentucky Fried Chicken) is an American fast-food chain that specializes in fried chicken. KFC's core product offering is pressure-fried on-the-bone chicken pieces seasoned with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who began selling fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. Today, KFC is the second largest (measured by sales) restaurant chain in the world, after McDonald’s. By the end of 2022, the brand operated over 27,750 stores in over 140 countries, with 99% of them being franchises. In 2022, their revenue was over $31.11B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 55,300 company-owned and franchised restaurant locations across 156 countries and territories worldwide. The company closed out 2022 with system sales of $59.2B, across all divisions, with a current market cap of $36.07B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 3,113,223

KFC | Taco Bell

Fast Food/QSR  

Cap Rate 4.25% | SF 3,893 | Term 13.0
South Hill, VA 23970
  • Dense retail corridor

  • Shopping Ctr out-parcel

  • Strategically located

  • Freeway close

  • Highway location

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • 100+ unit franchisee backed

  • Personal guarantee

  • ...
  • KFC | Taco Bell has 15+ years remaining on the primary lease term with 2 (5-year) options to extend
  • The lease features 10% rental increases every 5 years | Next increase April 2024
  • Absolute NNN | Zero landlord responsibilities
  • Low rent-to-sales ratio
  • Lease guaranteed by Luihn VantEdge Partners (185 units)
  • Tenant KFC | Taco Bell
  • Guarantor Franchisee
  • #Units 186
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

Luihn VantEdge Partners, LLC (LVE) is a leading American franchisee of Yum! Brands. They operate a quick-service restaurant network under the banners of Taco Bell, KFC, Lohn John Silver’s and Pizza Hut Express. Luihn Foods opened their first KFC franchise in 1966 (Boone, NC). By the end of 1993, they owned nearly 20 locations and had pioneered the Two-in-One concept between KFC and Taco Bell (Sanford, NC). In 2019, Luihn partnered with VantEdge Parters and underwent a major recapitalization, becoming Luihn VantEdge Partners. Focused on aggressive future expansion, LVE acquired 47 Taco Bells the following year (2020). As of the end of 2023, the private company employs over 5,000 people and operates nearly 200 restaurants in North Carolina, South Carolina, Virginia, Florida and Arizona. They are headquartered in Morrisville, NC.

...

$ 1,976,400

KFC

Fast Food/QSR  

Cap Rate 4.00% | SF 2,652 | Term 13.0
Wake Forest, NC 27587
  • Dense retail corridor

  • Strategically located

  • Highway location

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Low rent to sales ratio

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • 100+ unit franchisee backed

  • ...
  • KFC has 15+ years remaining on its primary lease term with 2 (5-year) options to extend
  • The lease features 10% rent increases every 5 years
  • Absolute NNN | Zero landlord responsibilities
  • World-class 185-unit Luihn VantEdge guarantor
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 185
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

The KFC Corporation (aka Kentucky Fried Chicken) is an American fast-food chain that specializes in fried chicken. KFC's core product offering is pressure-fried on-the-bone chicken pieces seasoned with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who began selling fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. Today, KFC is the second largest (measured by sales) restaurant chain in the world, after McDonald’s. By the end of 2022, the brand operated over 27,750 stores in over 140 countries, with 99% of them being franchises. In 2022, their revenue was over $31.11B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 55,300 company-owned and franchised restaurant locations across 156 countries and territories worldwide. The company closed out 2022 with system sales of $59.2B, across all divisions, with a current market cap of $36.07B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 1,792,000 |$ 1,821,000

KFC

Fast Food/QSR  

Cap Rate 6.25% | 6.15% | SF 2,497 | Term 14.9
O'Fallon, MO 63366
  • Dense retail corridor

  • Freeway close

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • Affluent AHHI $100K 5 Mi

  • Population increase trend

  • Long 15+ yr lease

  • Absolute NNN

  • Top franchise operator

  • ...
  • Tenant has over 15 years remaining on their current lease with 2 (5-year) options to extend
  • Lease features 10% rental increases every 5 years throughout the initial term and at the start of each option
  • Absolute NNN | Zero landlord responsibilities
  • Franchisee and lease guarantor is an 800+ unit operator of KFC and Taco Bell with over $1B in sales
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 800
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

The KFC Corporation (aka Kentucky Fried Chicken) is an American fast-food chain that specializes in fried chicken. KFC's core product offering is pressure-fried on-the-bone chicken pieces seasoned with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who began selling fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. Today, KFC is the second largest (measured by sales) restaurant chain in the world, after McDonald’s. By the end of 2022, the brand operated over 27,750 stores in over 140 countries, with 99% of them being franchises. In 2022, their revenue was over $31.11B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 55,300 company-owned and franchised restaurant locations across 156 countries and territories worldwide. The company closed out 2022 with system sales of $59.2B, across all divisions, with a current market cap of $36.07B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 500,000

KFC

Fast Food/QSR  

Cap Rate 9.90% | SF 2,614 | Term 2.1
Crossett, AR 71635
  • Hard corner intersection

  • Near major nationals

  • Strategically located

  • Hospital close

  • Strong tenant synergy

  • Brand new lease

  • Absolute NNN

  • Traded and rated company

  • Personal guarantee

  • 50+ unit franchisee backed

  • ...
  • KFC has 4+ years remaining on the current lease term with 4 (5-year) options to extend
  • Lease features a 7.5% rental increase every 5 years throughout the initial term and at the start of each option
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by FMI Group (64 units backed)
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 64
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

The KFC Corporation (aka Kentucky Fried Chicken) is an American fast-food chain that specializes in fried chicken. KFC's core product offering is pressure-fried on-the-bone chicken pieces seasoned with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who began selling fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. Today, KFC is the second largest (measured by sales) restaurant chain in the world, after McDonald’s. By the end of 2022, the brand operated over 27,750 stores in over 140 countries, with 99% of them being franchises. In 2022, their revenue was over $31.11B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 55,300 company-owned and franchised restaurant locations across 156 countries and territories worldwide. The company closed out 2022 with system sales of $59.2B, across all divisions, with a current market cap of $36.07B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 0 |$ 1,994,926

KFC

Fast Casual/Rest.  

| 4.75% | SF 2,034 | Term 12.8
Wylie, TX 75098
  • In location for years

  • Near major nationals

  • Highway location

  • Dense 100M+ pop 5 mi

  • Affluent AHHI $100K 5 Mi

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • Top franchise operator

  • ...
  • KFC has operated at this location since 1992 and remodeled this location in 2017
  • Tenant has 15+ years remaining on their primary term with 2 (5–year) options to extend
  • Lease features 7% rental increases every 5 years
  • Absolute NNN lease I Zero landlord responsibilities
  • Franchise guaranteed by KBP Foods (840+ units)
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 840
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

The KFC Corporation (aka Kentucky Fried Chicken) is an American fast-food chain that specializes in fried chicken. KFC's core product offering is pressure-fried on-the-bone chicken pieces seasoned with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who began selling fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. Today, KFC is the second largest (measured by sales) restaurant chain in the world, after McDonald’s. By the end of 2022, the brand operated over 27,750 stores in over 140 countries, with 99% of them being franchises. In 2022, their revenue was over $31.11B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 55,300 company-owned and franchised restaurant locations across 156 countries and territories worldwide. The company closed out 2022 with system sales of $59.2B, across all divisions, with a current market cap of $36.07B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 1,999,999

KFC

Fast Food/QSR  

Cap Rate 5.50% | SF 2,217 | Term 15.8
Covington, VA 24426
  • Signalized intersection

  • Hard corner intersection

  • Oversized lot

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Top franchise operator

  • ...
  • KFC has over 18 years remaining on the current lease term with 2 (5-year) options to extend
  • Lease features a 7% rental increase every 5 years throughout the initial term and at the start of each option
  • Absolute NNN | Zero landlord responsibilities
  • Lease guarantee by FQSR, LLC dba KBP Foods (840+ locations)
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 840
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

The KFC Corporation (aka Kentucky Fried Chicken) is an American fast-food chain that specializes in fried chicken. KFC's core product offering is pressure-fried on-the-bone chicken pieces seasoned with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who began selling fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. Today, KFC is the second largest (measured by sales) restaurant chain in the world, after McDonald’s. By the end of 2022, the brand operated over 27,750 stores in over 140 countries, with 99% of them being franchises. In 2022, their revenue was over $31.11B. The chain is a subsidiary of Yum! Brands.

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 55,300 company-owned and franchised restaurant locations across 156 countries and territories worldwide. The company closed out 2022 with system sales of $59.2B, across all divisions, with a current market cap of $36.07B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 0 |$ 775,000

KFC

Fast Food/QSR  

| 11.90% | SF 2,100 | Term 1.2
Milwaukee, WI 53210
  • Recent renovation

  • In location for years

  • Strategically located

  • Hospital close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Long operation history

  • Absolute NNN

  • Personal guarantee

  • Over 100 Units backed

  • ...
  • KFC has been operating at this site since 2006
  • Tenant has over 4 years remaining on the current lease term with 1 (10-year) option and 2 (5-year) options to extend
  • Lease features no rental increases
  • Absolute NNN lease presents zero landlord responsibilities
  • Guaranteed by Mitra Midwest Operations, LLC, with over 200 locations
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 200
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

The KFC Corporation (aka Kentucky Fried Chicken) is an American fast-food chain that specializes in fried chicken. KFC's core product offering is pressure-fried on-the-bone chicken pieces seasoned with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who began selling fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. Today, KFC is the second largest (measured by sales) restaurant chain in the world, after McDonald’s. By the end of 2022, the brand operated over 27,750 stores in over 140 countries, with 99% of them being franchises. In 2022, their revenue was over $31.11B. The chain is a subsidiary of Yum! Brands. 

 

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 55,300 company-owned and franchised restaurant locations across 156 countries and territories worldwide. The company closed out 2022 with system sales of $59.2B, across all divisions, with a current market cap of $36.07B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

...

$ 1,142,500 |$ 1,200,000

KFC

Fast Food/QSR  

Cap Rate 5.78% | 5.50% | SF 2,000 | Term 6.9
Austin, MN 55912
  • Recent renovation

  • Major thoroughfare

  • Shopping Ctr out-parcel

  • Freeway close

  • Brand new lease

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • Top franchise operator

  • ...
  • Tenant has 10 years remaining in their initial lease term with 2 (5-year) options to extend
  • The lease features rental increases every 5 years beginning with a $6,000 increase in lease year 5 and throughout options to extend
  • Strong franchisee guarantee from Franchise Management Investors US, LLC
  • Tenant KFC
  • Guarantor Franchisee
  • #Units 340
  • Moody's/S&P Ba2/ BB+
  • Stock NYSE: YUM

The KFC Corporation (aka Kentucky Fried Chicken) is an American fast-food chain that specializes in fried chicken. KFC's core product offering is pressure-fried on-the-bone chicken pieces seasoned with Colonel Harland Sanders' "Original Recipe" of 11 herbs and spices. Sanders was an entrepreneur who began selling fried chicken from his roadside restaurant in Corbin, Kentucky, during the Great Depression (1939). By 1952, the first KFC franchise opened in Salt Lake City, UT. They are one of the few brands in America with a decades-long history of success and have been operating for more than 70 years. Today, KFC is the second largest (measured by sales) restaurant chain in the world, after McDonald’s. By the end of 2022, the brand operated over 27,750 stores in over 140 countries, with 99% of them being franchises. In 2022, their revenue was over $31.11B. The chain is a subsidiary of Yum! Brands. 

 

Yum! Brands, Inc. (or Yum!) (NYSE: YUM), formerly Tricon Global Restaurants, Inc., is an American fast food corporation. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Founded in 1977, when PepsiCo acquired Pizza Hut, the company currently operates over 55,300 company-owned and franchised restaurant locations across 156 countries and territories worldwide. The company closed out 2022 with system sales of $59.2B, across all divisions, with a current market cap of $36.07B. The company has an S&P rating of BB+ and a long-term credit rating of Ba2 from Moody’s. They are headquartered in Louisville, KY.

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