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1424 Elton Rd
Jennings, LA 70546
KFC: Brand New 20 Yr Absolute NNN Lse · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,895 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.94 AC
Zoning
C - Commercial

ABOUT 1424 ELTON RD , JENNINGS, LA 70546

KFC has a brand-new 20-year Absolute NNN lease with attractive 7% rental escalations every 5 years, and four 5-year renewal options. The tenant, KBP Foods is the largest KFC franchisee in the US with 687 locations in 23 states and will generate sales in excess of $780 million in 2019. This asset has new, high quality build-to-suit construction to KFC’s newest “American Showman” prototype in 2018. Sales are currently tracking to hit an attractive 6.83% rent to sales ratio (if annualized)! KFC is located in Jennings, Louisiana on the main north/south thoroughfare with excellent drive by visibility in an opportunity zone. Nearby retailers include: Walmart Supercenter, Tractor Supply Co., Stine Home Improvement, Dollar Tree, Dollar General, Family Dollar, Piggly Wiggly, Hibbett Sports, Fred’s, Stage, Aaron’s, Goodwill, CATO, AutoZone, O’Reilly Auto Parts, NAPA Auto Parts, Walgreens, CVS Pharmacy, Verizon, AT&T, etc. The subject location is less than half a mile from Jennings American Legion Hospital (49 beds). *In Association with Louisiana Local Broker: Brian Brockman, Bang Realty, Inc. # BROK.0995684990-ASA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
221359457
Land Assessment
$13,000
Improvements Assessment
$75,000
Total Assessment
$88,000
  • Listing ID: 15314377

  • Date on Market: 3/1/2019

  • Last Updated:

  • Address: 1424 Elton Rd, Jennings, LA 70546

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