177 N Powerline Rd
Deerfield Beach, FL 33442
KFC 20 Year NNN Lease | Deerfield Beach, FL · Retail Property For Sale

Marcus & Millichap is pleased to present for sale this newly remodeled, fee simple, absolute net leased KFC in Deerfield Beach, Florida just a short drive West of downtown Fort Lauderdale. The subject property has gone through an extensive remodel (previously a Wendy’s restaurant) and is being delivered with a newly signed 20 year absolute net (no landlord responsibility) lease with 10% increases every five years including during the four, five – year Option Periods and is backed by a strong 14 unit KFC Operating Company. Fronting North Powerline Road this offering consists of a 2,850 sf building with full service drive up window with ample parking and is situated on a large 39,240 sf parcel featuring easy access and excellent visibility to daily traffic counts in excess of 84,000+ vehicles daily. This strong traffic thoroughfare directly connects to Highway 845 and located three miles from I-95 and the Florida Turnpike. This site is centrally located near an abundance of shopping malls including the popular Deerfield Mall, Deerfield Beach Center, Deer Creek Plaza and the Shoppes of Deer Creek. This site is within the main retail corridor serving Deerfield County and in close proximity to numerous national retailers including Michael’s, Ross Dress for Less, CVS, Petco, Target and Hobby Lobby. This KFC is surrounded by dense residential neighborhoods, apartment complexes and numerous amenities including parks, golf courses, hotels and the famous tourist attraction Butterfly World.