300 Burnside Ave
East Hartford, CT 06108
KFC: 14 Yrs Remain on Absolute NNN Lse · Retail Property For Sale

KFC has 14+ years remaining on an initial 15 year Absolute NNN lease with attractive rental escalations every 5 years – lesser of 10% or 1.25x CPI and four 5-year renewal options. The tenant, D.E. Foods,LLC is an experienced KFC franchisee that owns and operates 52 locations in Connecticut and Florida. KFC is located in East Hartford, Connecticut on Burnside Avenue with great driveby visibility. This location has been successfully open and operating since 2009 with an attractive 9.03% rent to sales ratio and was recently remodeled in 2018 – showing the tenants commitment to the location. Nearby retailers include: Family Dollar, Dollar Tree, Dollar General, Save-A-Lot, Walgreens, NAPA Auto Parts, AutoZone, Cabela’s, Burlington, Stop & Shop, Big Lots, Bargain Outlet, O’Reilly Auto Parts, Planet Fitness, Rentschler Football Field. This asset is 3.5 miles from Goodwin College (enrollment of 3,440), 5.5 miles from Trinity College (enrollment of 2,117), 6.5 miles from University of Connecticut Hartford (enrollment of 3,100), and 4 miles from Hartford Hospital (867 beds). *In Association with Connecticut Local Broker: Bryan K. Atherton, CCIM SIOR, Northeast Investment Realty #REB.0757919