130 Baltimore Pike
Bel Air, MD 21014
KFC: Brand New 20 Year Absolute NNN Lease · Retail Property For Sale
Property Facts
Amenities
- Drive Thru
About 130 BALTIMORE PIKE , BEL AIR, MD 21014
KFC has a brand new 20-year Absolute NNN lease with 7% rental escalations every 5 years and two 5-year renewal options. The tenant, KBP Foods, is the largest KFC franchisee in the US with 700+ locations in 23 states and will generate sales in excess of $800 million. This asset has been successfully open and operating for decades with an attractive 7.01% rent-to-sales ratio and is slated for remodel in 2020 – showing the tenants commitment to the location. KFC is located in Bel Air, Maryland across the street from Bel Air High School, with great drive-by visibility. Nearby retailers include: Target, The Home Depot, Ashley HomeStore, Best Buy, Dick’s Sporting Goods, Ross Dress for Less, T.J. Maxx, Bed Bath & Beyond, Michaels, Barnes & Noble, ALDI, Weis Markets, Kirkland’s, Staples, Office Depot, Party City, Goodwill, Sears, Macy’s, PetSmart, Dollar Tree, etc. The subject location is 4 miles from Hartford Community College (enrollment of 6,714) and 1.5 miles from UM Upper Chesapeake Medical Center (257 licensed beds). *In Association with Maryland Local Broker: Brian Brockman, Bang Realty, Inc. #678573
Property Taxes
| Parcel Number | 03-026671 | Improvements Assessment | $408,300 |
| Land Assessment | $1,313,500 | Total Assessment | $1,721,800 |
Property Taxes
