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KFC 2236 US Highway 41 N 2,925 SF Retail Building Henderson, KY 42420 $1,750,000 ($598.29/SF) 6.65% Cap Rate

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Investment Highlights

Long-Term Lease Remaining – Tasty Chick’n Midwest, LLC has approximately 19 years remaining on the lease term, offering durable
Absolute Triple Net (NNN) Lease – The lease is structured as an absolute NNN, with the tenant responsible for all insurance, utilities, taxes, repairs
Dominant Retail Positioning – The Property is prominently positioned at the entrance to the highly trafficked Audubon Village Shopping Center

Strong Franchise Guarantee – The lease is fully guaranteed by Tasty Chick’n, LLC, a 145 unit operator and subsidiary of Tasty Restaurant Group
Attractive Rent Increases (1.50% Annually) – The lease includes 1.50% annual rent increases, providing built-in income growth and an effective hedge
High Traffic Exposure – The site is located just off U.S. Highway 41, a major north–south arterial corridor with traffic counts exceeding 37,800 VPD

Executive Summary

Retail Investment Opportunity. Absolute Triple (NNN) Lease.

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Fast Food

Building Size

2,925 SF

Building Class

Year Built

1984

Price

$1,750,000

Price Per SF

$598.29

Cap Rate

6.65%

NOI

$116,375

Tenancy

Single

Building Height

1 Story

Building FAR

0.04

Lot Size

1.50 AC

Zoning

COMMERCIAL - Commercial

Parking

26 Spaces (8.89 Spaces per 1,000 SF Leased)

Frontage

95’ on U.S. 41

Restaurant

Drive Thru

Major Tenants

Accommodation and Food Services
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KFC began in 1952 when Colonel Harland Sanders expanded a fried chicken recipe into the first Kentucky Fried Chicken franchise in Utah, building on earlier work in Kentucky. The company now operates as a global chicken restaurant brand and a subsidiary of Yum! Brands, with a menu centred on fried chicken, chicken sandwiches, tenders, bowls, sides and beverages. KFC's business spans restaurant operations, franchising, digital ordering and brand marketing across a wide international network. The company continues to focus on fried chicken as its core offer while adapting menus for local markets and supporting community programmes.