4665 Lake Rd S
Brockport, NY 14420
KFC: Brand New 20 Yr Absolute NNN Lse · Retail Property For Sale
Property Facts
Amenities
- Drive Thru
About 4665 LAKE RD S , BROCKPORT, NY 14420
KFC has a brand new 20 year Absolute NNN lease with attractive 7% rental escalations every 5 years and four 5-year renewal options. The tenant, KBP Foods, is the largest KFC Franchisee in the US operating 690 locations in 23 states and will generate sales in excess of $780 million in 2019. This asset has brand 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 5.89% rent-to-sales ratio! KFC is located in Brockport, New York on the main north/south thoroughfare, just off north Highway 31 with excellent drive-by visibility. Nearby retailers include: Wegmans, Walmart Supercenter, Lowe’s Home Improvement, Tractor Supply Co., ALDI, Dollar Tree, Big Lots, Harbor Freight Tools, Runnings, Goodwill, T.J. Maxx, Maurices, Shoe Dept., CVS Pharmacy, AutoZone, Advance Auto Parts, Verizon, Cricket Wireless, etc. The subject location is less than 1 miles from The College at Brockport (enrollment of 8,243) and 2 miles from UR Medicine – Strong West. *In Association with New York Local Broker: Andrew T. Knight, New England Commercial Brokerage, Inc. #10311206075
Property Taxes
| Parcel Number | 265289-083-020-0001-023-000 | Improvements Assessment | $535,900 |
| Land Assessment | $210,300 | Total Assessment | $746,200 |
Property Taxes
