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1970 Cobb Pky NW
Kennesaw, GA 30152
KFC – (20-YR LEASE) KENNESAW, GA · Retail Property For Sale
Investment Highlights
- 8 years remaining on initial 20-year Absolute NNN lease with attractive 10% rental escalations every 5 years!
- Will generate sales in excess of $1 billion in 2023 (FQSR, LLC is the tenant on the lease, encompasses all restaurant locations)
- Positioned on a ±0.97-acre lot, just off a signalized, hard corner with excellent visibility/access on Cobb Pkwy NW
- KBP Foods (the largest KFC franchisee in the U.S.) operates ±840 locations in 28 states (+20% of KFC locations in the U.S. system)
- Successfully open & operating for decades with an attractive 8.38% rent to sales ratio!
- 2023 DEMOGRAPHICS: Total Population (5-MI): 172,067 | Average Household Income (1-MI): $134,400
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,407 SF
Building Class
C
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.97 AC
Zoning
C - Commercial
Frontage
266’ on Cobb Parkway
Amenities
- Signage
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 20-0207-0-025-0 | Improvements Assessment | $99,440 |
| Land Assessment | $255,272 | Total Assessment | $354,712 |
Property Taxes
Parcel Number
20-0207-0-025-0
Land Assessment
$255,272
Improvements Assessment
$99,440
Total Assessment
$354,712
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