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- LoopNet Team
4071 Union Rd
Saint Louis, MO 63129
KFC: Brand New 20 Year Absolute NNN Lse · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
ABOUT 4071 UNION RD , SAINT LOUIS, MO 63129
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 asset has been successfully open and operating for decades with an attractive 7.30% rent-to-sales ratio and was recently remodeled to KFC’s newest “American Showman” prototype in 2017 – showing tenant’s commitment to the location! KFC is located in Mehlville (St. Louis MSA), Missouri across the street from 130 shop retail center with excellent visibility. Nearby retailers include: Target, Costco Wholesale, Sam’s Club, Home Depot, Hobby Lobby, Best Buy, Dick’s Sporting Goods, ALDI, Schnucks, Marshalls, Tuesday Morning, Big Lots, Old Navy, ULTA Beauty, JOANN Fabrics, Michaels, PetSmart, Dollar Tree, Dollar General, Ashley HomeStore, Slumberland, Furniture, Club Fitness. The subject location in 13.5 miles from St. Louis University (enrollment of 12,853 students), and 4 miles from Mercy Hospital South (767 beds). *In Association with Missouri Local Broker: Bryan King, King Realty Advisors #2008036027
PROPERTY TAXES
| Parcel Number | 29J-43-0469 | Improvements Assessment | $200,770 |
| Land Assessment | $48,740 | Total Assessment | $249,510 |
PROPERTY TAXES
