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1520 Hillcrest
Springfield, OH 45504
KFC · Retail Property For Sale

Investment Highlights

  • Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
  • Tracking to Hit an Attractive 7.74% Rent to Sales Ratio Since Opening on September 2020!
  • Positioned on a Pad Site to Meijer, North of W 1st St | Troy Rd in Dominant Retail Corridor with Traffic Counts Exceeding 24,090 CPD
  • KBP Foods Operates 787 Locations in 30 States and will Generate Sales in Excess of $950 Million in 2021!
  • New, High-Quality, Build-to-Suit Construction of KFC’s Newest “American Showman” Prototype in September 2020
  • 2020 DEMOGRAPHICS (5-MI): Total Population: 83,897 | Average Household Income: $69,656

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,150 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.88 AC
Zoning
Commercial
Parking
40 Spaces
Frontage
154’ on Troy Rd

Amenities

  • Drive Thru
  • Monument Signage
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
33-00600-00630-0015
Land Assessment
$1,681,510
Improvements Assessment
$894,670
Total Assessment
$2,576,180
  • Listing ID: 22589091

  • Date on Market: 3/29/2021

  • Last Updated:

  • Address: 1520 Hillcrest, Springfield, OH 45504

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