2450 N Us Highway 67
Florissant, MO 63033
KFC: Brand New 20 Year Absolute NNN Lse · Retail Property For Sale

KFC 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 739+ locations in 23 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 8.05% rent-to-sales ratio and was recently remodeled to KFC’s newest “American Showman” prototype in 2017 – showing tenant’s commitment to the location! KFC is located in Florissant, Missouri (St. Louis MSA) across the street from a shopping center with excellent highway visibility. Nearby retailers include: Target, Michaels, Five Below, Petco, Ulta Beauty, ALDI, Walmart Supercenter, Home Depot, Marshalls, Schnucks, Family Dollar, Dollar General, Dollar Tree, OfficeMax, PetSmart, Shoe Carnival, True Value Hardware, Walgreens, etc. The subject location is 4 miles from St. Louis Community College Florissant Valley (enrollment of 7,438), 7 miles from University of Missouri – St. Louis (enrollment of 16,471), 15 miles from Barnes Jewish Hospital (1,638 beds), and 6 miles from Christian Hospital Northeast (223 beds). In Association with Missouri Local Broker: Bryan King, King Realty Advisors, #2008036027