Retail Property For Sale - Church's Chicken - Corp Guarantee

5498 Park Blvd, Pinellas Park, FL, 33781

 

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Church's Chicken - Corp Guarantee

5498 Park Blvd, Pinellas Park, FL 33781

Church\'s Chicken - Corp Guarantee
  • $700,000
  • 1,425 SF
  • $491.23
  • Retail
  • Restaurant
  • Net Lease Investment with 10+ years left on lease
  • 8%
  • 100%
  • Single
  • 17,413 SF
  • Find Out More...
Last Verified  10/29/2009 Listing ID  16293784

Description

This CORPORATE GUARANTEE store offers an investor an excellent
opportunity to own a B+ / Positive rated company in the tax-free state
of Florida, in an industry and concept that flourishes in good times and
even more in trying times. Excellent 1.5 percent annual increases are
attractive as is the brand new 15-year primary term absolute triple-net
lease.
Based in Atlanta, Georgia, Church's enjoys over $1 billion dollars in
annual sales and has over 1,600 locations in 20 countries world-wide.
This store was remodeled in 2000 and completely re-imaged to the
"upgraded model", in 2005. This store became a Certified Training
Store in 2008.

This company has several places fried-chicken worshipers can flock to.
Cajun Operating Company owns and operates Church's Chicken, the #3
quick-service chicken chain behind YUM! Brands' KFC and AFC
Enterprises' Popeyes Chicken & Biscuits with more than 1,600 locations
in nearly 20 countries. More than 250 of the locations are companyowned
while the rest are franchised. Church's Chicken was started in
1952 by retired chicken incubator salesman George Church as Church's
Fried Chicken to Go.

Financial Summary

  • Actual
  • $56,000

Map of 5498 Park Blvd, Pinellas Park, FL 33781 (Pinellas County)

Contact Listing Broker to find out more details.

Presented by

Marcus & Millichap

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Contact Listing Broker
Ron Schultz (813) 387-4776
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Created 6/25/2009

Additional Information for 5498 Park Boulevard, Pinellas Park, FL 33781

  • Active For Sale - 1 Listing
  • Active For Lease - 0 Listing
  • Previously Listed - 0 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.

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