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Browse More Listings in Retail For Sale, Rochester, NY or New York

Retail Property - Off Market

NEW KENTUCKY FRIED CHICKEN NNN

1210 UNIVERSITY AVE, Rochester, NY 14607

Price:
N/A
Building Size:
2,500 SF
Property Type:
Retail
Property Sub-type:
Restaurant
Property Use Type:
Net Lease Investment with 10+ years left on lease
Cap Rate:
8.58%
Occupancy:
100%
Tenancy:
Single
Lot Size:
0.35 AC

Last Verified 10/9/2009 Listing ID 16254189

Highlights

FOR SALE BY OWNER (585) 733-5226
FRANCHISEE PERSONAL GUARANTEE
PERFECT 1031 EXCHANGE

BUSY CORNER LOCATION - DENSE DEMOGRAPHICS
8% RENTAL INCREASES EVERY 5 YEARS
NEW 20 YEAR LEASE

Description

NEW FREESTANDING KENTUCKY FRIED CHICKEN

This KFC store opened on August 6 with a 20 YR. Absolute NNN Lease . 8% Rent Bumps every 5 yrs. 1 Ten year option and 2 five year options with 8% bumps every 5 years.The KFC is leased and operated by a franchisee with 35 additional locations. The lease will be personally guaranteed by the KFC franchisee for the first 10 years. Absolute NNN Lease with ZERO Landlord Responsibilities.

KFC is located on an outparcel in front of a new PriceRite Supermarket. PriceRite is part of the Wakefern Corp, which operates over 250 stores in the Northeast

Located at the corner of University and Culver Avenues in Rochester, New York. Traffic Counts for the intersection are over 32,000 cars per day. Dense demographics with over 19,000 people within one mile and 145,000 people within 3 miles.

Map of 1210 UNIVERSITY AVE, Rochester, NY 14607 (Monroe County)

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Created 5/27/2009

Additional Information for 1210 University Avenue, Rochester, NY 14607

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 1210 UNIVERSITY AVE, Rochester, NY 14607

Nearby Retail properties for saleSearch all commercial real estate for sale

Price Rite Plaza
N/A
38,767 SF

Nearby Retail properties for leaseSearch all commercial real estate for lease

Former Rite Aid
$8.00/SF/Year
10,908 SF
Culver & University
$20.00 - $30.00/SF/Year
2,500 - 14,800 SF

Nearby Recently Sold Retail propertiesSearch all recently sold commercial real estate

Free Standing Bldg
Sold 3Q 2009
Free Standing Bldg
Sold 4Q 2005
Vehicle Related
Sold 2Q 2007
Free Standing Bldg
Sold 1Q 2005

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - NEW KENTUCKY FRIED CHICKEN NNN

1210 UNIVERSITY AVE, Rochester, NY, 14607