2801 NE Green Oaks Blvd
Grand Prairie, TX 75050
KFC: Grand Prairie, TX (Dallas MSA) · Retail Property For Sale

TOP FRANCHISEE: Ampex Brands was formed in 2005 as a result of an acquisition that included 18 Long John Silver’s restaurants and has since grown at a record rate, employing more than 6,000 team members. Ampex Brands landed the 17th spot on the 2019 Mega 99 Rankings which is a compilation of the country’s largest multi-unit franchisee organizations. The company currently operates around 500 units of KFC, Taco Bell, Tim Hortons, Long John Silver’s and A&W in Arkansas, Illinois, Louisiana, Missouri, New York, Ohio, Oklahoma, Pennsylvania, Texas and West Virginia. The tenant on the lease, Ampex Brands, LLC, operates 45 KFC locations. PREMIER QSR BRAND: KFC—also known as Kentucky Fried Chicken—is headquartered in Louisville, Kentucky and has grown to become the world’s most popular chicken restaurant chain with 23,118 restaurants in over 130 countries. The KFC brand is owned by Yum! Brands, Inc. (NYSE: YUM), which is one of the world’s largest restaurant companies and also owns Pizza Hut and Taco Bell. As of June 30, 2019, YUM reported TTM total revenues of $5.5 billion, TTM net income of $1.3 billion, and total assets of $4.6 billion. Additionally, KFC reported TTM total revenues of $2.5 billion, accounting for nearly half of YUM! Brands total revenue. LONG-TERM ABSOLUTE NNN LEASE: KFC’s recently-executed absolute NNN lease has ±15 years of primary term remaining and features 7.50% rent escalations every 5 years in the initial term, as well as in each of the two 5-year renewal options. EXCELLENT ACCESS & VISIBILITY: The property is ideally positioned equidistant between downtown Dallas and Fort Worth. KFC boasts signalized access and frontage on NE Green Oaks Boulevard and is conveniently located just 0.3 miles from the exit ramp for Highway 360 (181,154 VPD). Highway 360 is a major north-south thoroughfare that runs through the center of the metroplex and provides direct access to Dallas-Fort Worth International Airport.