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
1701 Highway 157 N
Mansfield, TX 76063
KFC: Brand New 20 Yr Absolute NNN Lse · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Drive Thru
ABOUT 1701 HIGHWAY 157 N , MANSFIELD, TX 76063
KFC has a brand new 20-year Absolute NNN lease with attractive 7% rental escalations every 5 years and two 5-year renewal options. The tenant, KBP Foods, is the largest KFC franchisee in the US and operates 645 locations in 23 states, and will generate sales in excess of $650 million in 2018. This asset is positioned in a dominant retail corridor and has been successfully open and operating for decades with an 8.0% rent-to-sales ratio. KFC is located in Mansfield, Texas just off US Route 287 with excellent drive-by visibility. Nearby retailers include: Sam’s Club & Lowe’s Home Improvement; nearby retailers include Target, Walmart Supercenter, The Home Depot, Best Buy, Michaels, Ross Dress for Less, Bed Bath & Beyond, Marshalls & HomeGoods, Five Below, Tractor Supply Co., PetSmart, Petco, AutoZone, Cinemark, etc. The subject location is less than half a mile from Mansfield ISD Center of the Performing Arts and 5 miles from Methodist Mansfield Medical Center (254 beds). *In Association with Texas Local Broker: Paul Kennon Blackburn, Blackburn Properties #346821
PROPERTY TAXES
| Parcel Number | 06524001 | Improvements Assessment | $561,237 |
| Land Assessment | $293,088 | Total Assessment | $854,325 |
PROPERTY TAXES
