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- LoopNet Team
1322 In-930
New Haven, IN 46774
KFC: Brand New 20 Year Absolute NNN Lse · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Drive Thru
ABOUT 1322 IN-930 , NEW HAVEN, IN 46774
KFC has a brand new 20-year Absolute NNN lease with 5% rental escalations and two 5-year renewal options. The tenant, KBP Foods (the largest KFC franchisee in the U.S.) operates 611 locations in 23 states (13% of locations in U.S. system) and will generate sales in excess of $650 million in 2018 (FQSR, LLC is the tenant on the lease, encompasses all restaurant locations). This asset has been successfully open and operating for decades with an attractive 6.75% rent-to-sales ratio. KFC is located in New Haven, Indiana just off a hard corner on SR-930 with high drive-by visibility. Nearby retailers include: Kroger, Dollar General, Dollar Tree, Big Lots, AutoZone, O’Reilly Auto Parts, CVS Pharmacy, Walgreens, TCC (Verizon Retailer), Walmart Supercenter, Kohl’s, PetSmart, Michaels, Marshalls, and Meijer & Menards. *In Association with Indiana Local Broker: Brian Brockman, Bang Realty, Inc #RB14035714
PROPERTY TAXES
| Parcel Number | 02-13-12-451-002.000-041 | Improvements Assessment | $123,600 |
| Land Assessment | $108,300 | Total Assessment | $231,900 |
PROPERTY TAXES
