1957 M 139
Benton Harbor, MI 49022
KFC · Retail Property For Sale

KFC has a brand new 20-year Absolute NNN lease with 5% rental escalations every 5 years and two 5 year renewal options. The tenant, KBP Foods (the largest KFC franchisee in the US), operated 611 locations in 23 states and will generate sales in excess of $650 million in 2018. This asset has been open and operating for years with an attractive 7.33% rent-to-sales ratio. The subject location was recently remodeled to the “American Showman” prototype in 2018. KFC is located in Benton Harbor, Michigan off the main east/west thoroughfare through Plainwell with excellent drive-by visibility. The subject property is a pad site to Kohl’s, Michaels, Five Below, Dollar Tree, Dunham’s Sports, and Pier One. Other nearby retailers to this location include: T.J. Maxx, Cato Fashions, Ulta Beauty, Sally Beauty, Shoe Depot, Party City, PetSmart, Walmart Supercenter, Lowe’s Home Improvement, The Home Depot, Meijer, Carson’s, JCPenney, Joann Fabrics, ALDI, Burlington, Big Lots, Harbor Freight Tools, etc. KFC is less than 3 miles from Lake Michigan College (enrollment of 2,184) and 2.5 miles from Lakeland Medical Center St. Joseph (196 beds). *In Association with Michigan Local Broker: Andrew Whisler, Community Choice Realty # 6502380502