1395 Virginia Ave
East Point, GA 30344
KFC: East Point, GA · Retail Property For Sale

TOP FRANCHISEE: The Tenant under the lease is FQSR, LLC (d/b/a KBP Foods). KBP Foods is the largest KFC Franchisee and the 7th largest multi-unit franchisee of any concept in the United States. The company operates nearly 800 KFC and Yum! Brands restaurants across 25 states and is projected to have $900M in 2019 revenue. PREMIER QSR BRAND: KFC—also known as Kentucky Fried Chicken—is headquartered in Louisville, Kentucky and has grown to become the world’s most popular chicken restaurant chain with 23,118 restaurants in over 130 countries. The KFC brand is owned by Yum! Brands, Inc. (NYSE: YUM), which is one of the world’s largest restaurant companies that also owns Pizza Hut and Taco Bell. As of June 30, 2019, YUM reported TTM total revenues of $5.5 billion, TTM net income of $1.3 billion, and total assets of $4.6 billion. Additionally, KFC reported TTM total revenues of $2.5 billion, accounting for nearly half of YUM! Brands total revenue. LONG-TERM ABSOLUTE NNN LEASE: KFC’s 15-year absolute NNN lease will commence in September 2019 and will feature 7.50% rent increases every 5 years in the initial term and in each of the two 5-year option periods. This is not a sale-leaseback. SEASONED KFC LOCATION: This location has been operating since 2000 which evidences its long-term profitability. RECENT INTERIOR & EXTERIOR MODEL: This site recently underwent an interior and exterior remodel which features KFC’s new “American Showman” prototype, demonstrating the company’s long-term commitment to the site. EXCELLENT ACCESS & VISIBILITY: The site is strategically located on the signalized hard corner of Virginia Avenue (14,200 VPD) and Harrison Road. KFC is also just off of I-85 (296,000 VPD), which provides direct access to Downtown Atlanta (9 miles to the north).