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- LoopNet Team
260 Belle Hill Rd
Elkton, MD 21921
KFC/Taco Bell: New 20 Year Absolute NNN Lse · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Drive Thru
ABOUT 260 BELLE HILL RD , ELKTON, MD 21921
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 with 700+ locations and will generate sales in excess of $800 million in 2019. This high volume store has been successfully open and operating for decades with an attractive 7.74% rent-to-sales ratio and was recently remodeled to the “American Showman” prototype in 2019 – showing the tenants commitment to the location. KFC/Taco bell is located in Elkton, Maryland on a hard corner/signalized intersection with excellent drive-by visibility! Nearby retailers include: Walmart Supercenter, Ashley HomeStore, Big Lots, Staples, ALDI, Food Lion, ACME Markets, Tractor Supply Co., Rent-A-Center, Peebles, Advance Auto Parts, AutoZone, NAPA Auto Parts, Walgreens, Rite Aid, Verizon, T-Mobile, AT&T Store, Planet Fitness, etc. The subject location is just 4 miles from University of Delaware Newark (enrollment of 18,221) and 3 miles from Union Hospital of Cecil County (72 beds). *In Association with Maryland Local Broker: Brian Brockman, Bang Realty, Inc. #678573
PROPERTY TAXES
| Parcel Number | 03-085015 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,113,900 |
PROPERTY TAXES
