This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1424 Elton Rd
Jennings, LA 70546
KFC: Brand New 20 Yr Absolute NNN Lse · Retail Property For Sale
PROPERTY FACTS
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
| Parcel Number | 221359457 | Improvements Assessment | $75,000 |
| Land Assessment | $13,000 | Total Assessment | $88,000 |
PROPERTY TAXES
