201 Angela St
Paola, KS 66071
KFC/Taco Bell: New 20 Year Absolute NNN Lse · Retail Property For Sale

KFC/Taco Bell 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 operating 760 locations in 25 states and will generate sales in excess of $825 million in 2020. This asset has been successfully open and operating for decades with an attractive 6.74% rent-to-sales ratio and was fully remodeled in 2019 to KFC’s latest “American Showman” prototype! This property is a RARE dual branded KFC/Taco Bell concept (grandfathered in) offering the best of YUM brands under one roof! KFC/Taco Bell is located in Paola, Kansas on a large 1.03 acre parcel across from a Walmart Supercenter with great drive-by visibility! Nearby retailers include: Price Chopper, Dollar General, Family Center Farm & Home, Rent-A-Center, Do It Best Hardware, Verizon, Cricket Wireless, NAPA Auto Parts, O’Reilly Auto Parts, Applebee’s, McDonald’s, Burger King, Taco Bell, Arby’s, Sonic Drive-In, Pizza Hut, Subway, Dunkin’ Donuts, Dairy Queen, etc. The subject location is less than half a mile from Paola High School (615 students), Paola Middle School (469 students), and two elementary schools. In Association with Kansas Local Broker: Jessica Zahn Gibson, CIA Brokerage Company #226485