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- LoopNet Team
3555 Flat Shoals Rd
Decatur, GA 30034
KFC: Brand New 20 Year Absolute NNN Lease · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Drive Thru
ABOUT 3555 FLAT SHOALS RD , DECATUR, GA 30034
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 760 locations in 25 states and will generate sales in excess of $825 million in 2020. This assets 12 month sales generates an EBITDA in excess of $220,300 and is slated for remodel at tenant’s cost by 2026 – showing the tenant’s commitment to the location. KFC is located in Decatur, Georgia on Flat Shoals Road with great drive-by visibility. Nearby retailers include: Big Lots, Dollar Tree, Family Dollar, Dollar General, Cricket Wireless, CVS, GNC, Walmart Supercenter, The Home Depot, Kroger, ALDI, Aaron’s, Goodwill, Hibbett Sports, Citi Trends, AutoZone, NAPA Auto Parts, dd’s DISCOUNTS, Metro by T-Mobile, etc. The subject location is 1 mile from Georgia State University – Perimeter College Decatur (enrollment of 2,674), 8 miles from Emory University (enrollment of 15,451), and 7 miles from Emory Decatur Hospital (541 beds). *In Association with Georgia Local Broker: Rebecca E. Davis, Summit Real Estate #234538
PROPERTY TAXES
| Parcel Number | 15-104-03-011 | Improvements Assessment | $749,604 |
| Land Assessment | $245,676 | Total Assessment | $995,280 |
PROPERTY TAXES
