470 Farmington Ave
Bristol, CT 06010
KFC: 14 Years Remain on Abs NNN Lse · Retail Property For Sale

KFC has 14+ years remaining on an initial 15 year Absolute NNN lease with attractive rental escalations every 5 years – lesser of 10% or 1.25x CPI and four 5-year renewal options. The tenant, D.E. Foods, LLC is an experienced KFC franchisee that owns and operates 52 locations in Connecticut and Florida. This asset has been successfully open and operating for decades with an attractive 9.11% rent to sales ratio and was recently remodeled in 2018 – showing the tenants commitment to the location. KFC is located in Bristol, Connecticut on Farmington avenue with great drive-by visibility. Nearby retailers include: Walmart, Hobby Lobby, The Home Depot, Stop & Shop, Dollar Tree, T.J. Maxx, Pier 1, Big Lots, Aaron’s, Savers, True Value, Ocean State Job Lot, Shop Rite, Price Chopper, Family Dollar, Dollar General, Walgreens, CVS Pharmacy, AutoZone, O’Reilly Auto Parts, Advance Auto Parts, LA Fitness, Planet Fitness. This location is just 1.5 miles from Bristol Hospital (154 beds). *In Association with Connecticut Local Broker: Bryan K. Atherton, CCIM SIOR, Northeast Investment Realty #REB.0757919