3283 Northcrest Rd
Atlanta, GA 30340
KFC/Taco Bell: 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 (RARE dual branded concept!) and two 5-year renewal options. The tenant, KBP Foods, is the largest KFC franchisee in the US, operating 39+ locations in 23 states and will generate sales in excess of $825 million in 2020. This asset is a rare dual branded KFC/Taco Bell concept (grandfathered in) offering the best of YUM Brands under one roof and is slated for remodel (at tenant’s cost) in 2026 – showing tenant’s commitment to the location! KFC is located in Doraville, Georgia across the street from a Kroger grocery anchored shopping center and on a hard corner with excellent drive by visibility. Nearby retailers include: Kroger, Goodwill, Advance Auto Parts, Cricket, T-Mobile, Planet Fitness; Walmart Supercenter, Target, Hobby Lobby, Home Depot, Lowe’s Home Improvement, Burlington, Marshalls, TJ Maxx, Dollar Tree, Dick’s Sporting Goods, Best Buy, Publix and Whole Foods Market, etc. The subject location is less than 2 miles from Mercer University Atlanta (enrollment of 2,300), 6 miles from Oglethorpe University (enrollment of 1,385), and 7 miles from Northside Hospital Atlanta (621 beds). *In Association with Georgia Local Broker: Rebecca E. Davis, Summit Real Estate #234538