3408 W Stan Schlueter Loop
Killeen, TX 76549
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 700+ locations in 23 states and will generate sales in excess of $800 million in 2019. This asset has new, high-quality build-to-suit construction of KFC’s newest “American Showman” prototype in 2018. Sales at this location are currently tracking to hit an attractive 8.49% rent-to-sales ratio! KFC is located in Killeen, Texas on West Stan Schlueter Loop with excellent drive-by visibility and a pad site to Walmart Supercenter. Nearby retailers include H-E-B Grocery, ALDI, Dollar Tree, Dollar General, Family Dollar, O’Reilly Auto Parts, CVS Pharmacy, Kohl’s, Lowe’s Home Improvement, The Home Depot, Conn’s Home Plus, Best Buy, Hobby Lobby, Big Lots, Academy Sports+Outdoors, PetSmart, Tractor Supply Co., Harbor Freight Tools, etc. The subject location is just 4 miles from Central Texas College Killeen (enrollment of 14,913), 3 miles from Advent Health Central Texas (208 beds), 5 miles from Fort Hood – the largest active-duty, armoured U.S. military base in the world (overall post population is estimated at about 71,000 - ** $35.4 Billion Annual Economic Impact on Texas Economy **). *In Association with Texas Local Broker: Paul Blackburn, Blackburn Properties #376821