2203 N Parkerson Ave
Crowley, LA 70526
KFC: Brand New 10 Year Absolute NNN Lease · Retail Property For Sale

KFC has a brand new 10-year Absolute NNN lease with attractive 7% rental escalations every 5 years and four 5-year renewal options. The tenant, KBP Foods is the largest KFC franchisee in the US, operating 700+ locations and will generate sales in excess of $800 million in 2019. This asset has brand-new high-quality build-to-suit construction of KFC’s newest “American Showman” prototype in 2018, is priced just over land value (est. +$400,000), and sales are currently tracking to hit an attractive 3.87% rent-to-sales ratio! KFC is located in Crowley, Louisiana on the main north/south thoroughfare just south of I-10 with great drive-by visibility! Nearby retailers include: Walmart Supercenter, Lowe’s Home Improvement, Tractor Supply Co., Dollar Tree, Super 1 Foods, Dollar General, Family Dollar, Goodwill, Hibbett Sports, Citi Trends, Aaron’s, Verizon, Cricket Wireless, Walgreens, etc. The city of the subject location has 6 public schools with a combined enrollment of (3,623) and is 1.25 miles from Acadia General Hospital (179 beds). In Association with Louisiana Licensed Broker: Brian Brockman, Bang Realty, Inc. #BROK.0995684990-ASA