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- LoopNet Team
1231 E University Ave
Gainesville, FL 32641
KFC Restaurant: 15-Year Absolute NNN Lease · Retail Property For Sale

PROPERTY FACTS
- Fast Food
- General Retail Fast Food
- 142’ on E University Ave
- 259’ on SE 13th St
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
ABOUT 1231 E UNIVERSITY AVE , GAINESVILLE, FL 32641
KFC Restaurant with a recently signed 15-Year Absolute NNN Lease with No LL Responsibilities. Lease has attractive rental escalations every 5-Years of the lessor of 10% or 1.25 times change in CPI. The Tenant, D.E. Foods, is a KFC Franchisee that owns and operates 52 Locations in Florida and Connecticut. D.E. Foods is an experienced operator with over 30 years of experience operating KFC restaurants.
PROPERTY TAXES
| Parcel Number | 11559-000-000 | Improvements Assessment | $238,405 |
| Land Assessment | $557,568 | Total Assessment | $795,973 |
PROPERTY TAXES
Listing ID: 15765867
Date on Market: 4/17/2019
Last Updated:
Address: 1231 E University Ave, Gainesville, FL 32641
The Downtown Gainesville Retail Property at 1231 E University Ave, Gainesville, FL 32641 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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