640 S Walnut St | Starke, FL 32091
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640 S Walnut St
Starke, FL 32091
KFC Restaurant: 15-Year Absolute NNN Lease · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,912 SF
Building Class
B
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.10 AC
Parking
10 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
150’ on Walnut St
AMENITIES
- Drive Thru
ABOUT 640 S WALNUT ST , STARKE, FL 32091
KFC Restaurant with a recently signed 15-Year Absolute NNN Lease with No LL Responsibilities. Lease has attractive rental escalations every 5-Years of the lessor of 10% or 1.25 times change in CPI. The Tenant, D.E. Foods, is a KFC Franchisee that owns and operates 52 locations in Florida and Connecticut. D.E. Foods is an experienced operator with over 30 years of experience operating KFC Restaurants.
PROPERTY TAXES
| Parcel Number | 02992-0-00101 | Improvements Assessment | $224,770 |
| Land Assessment | $206,625 | Total Assessment | $431,395 |
PROPERTY TAXES
Parcel Number
02992-0-00101
Land Assessment
$206,625
Improvements Assessment
$224,770
Total Assessment
$431,395
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