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2122 Grand Central Ave
Horseheads, NY 14845
KFC: Brand New 20-Year Absolute NNN · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Absolute NNN Lease with Attractive 7% Rental Escalations every 5 Years
- New, High-Quality, Build-to-Suit Construction of KFC’s Newest “American Showman” Prototype in 2019
- Situated on a Large ±1.454-Acre Lot, South of I-86 (39,812 CPD) with Great Visibility on Grand Central Ave., where Traffic Counts Exceed 11,380 CPD!
- KBP Foods Operates 770 Locations in 25 States (19% of Locations in U.S. System) and will Generate Sales in Excess of $825 Million in 2020
- Sales are Currently Tracking to Hit an Attractive 4.56% Rent to Sales Ratio! (If Annualized)
- 2020 DEMOGRAPHICS (5-MI): Total Population: 44,326 | Average Household Income: $71,332
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,100 SF
Building Class
C
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.45 AC
Zoning
VH06
Parking
22 Spaces
Frontage
129’ on Grand Central Ave
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 073401-059-018-0001-004-112-0000 | Improvements Assessment | $414,100 |
| Land Assessment | $1,520,000 | Total Assessment | $1,934,100 |
Property Taxes
Parcel Number
073401-059-018-0001-004-112-0000
Land Assessment
$1,520,000
Improvements Assessment
$414,100
Total Assessment
$1,934,100
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