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6760 Hwy 92
Acworth, GA 30102
KFC: Acworth, GA (Atlanta MSA) | Absolute NNN · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,840 SF
Building Class
B
Year Built/Renovated
1984/2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.68 AC
Zoning
CG
Parking
20 Spaces (7.04 Spaces per 1,000 SF Leased)
Frontage
191’ on 6760 GA-92

AMENITIES

  • Bus Line
  • Drive Thru

ABOUT 6760 HWY 92 , ACWORTH, GA 30102

TOP FRANCHISEE: The tenant under the lease is FQSR, LLC (d/b/a KBP Foods). KBP Foods is the largest KFC franchisee and 7th largest multi-unit franchisee of any concept in the United States. The company operates nearly 800 KFC and Yum! Brand restaurants across 25 states and is projected to have $900M of 2019 revenue. PREMIER QSR BRANDS: Yum! Brands, Inc. (NYSE: YUM) is one of the world’s largest restaurant companies that owns KFC, Pizza Hut and Taco Bell. As of June 30, 2019, YUM reported TTM total revenues of $5.5 billion, TTM net income of $1.3 billion, and total assets of $4.6 billion. KFC—also known as Kentucky Fried Chicken—is headquartered in Louisville, Kentucky and has grown to become the world’s most popular chicken restaurant chain with 22,621 restaurants in over 130 countries. KFC reported TTM total revenues of $2.5 billion, accounting for nearly half of YUM! Brands total revenue. Taco Bell was founded in 1962 by Glen Bell in Downey, California and has grown to become the global leader of the Mexican-style food category, serving more than 2 billion customers annually across its 7,136 restaurants. As of June 30, 2019, Taco Bell reported TTM total revenues of $2.0 billion. LONG-TERM ABSOLUTE NNN LEASE: KFC and Taco Bell’s 15-year absolute NNN lease will commence in September 2019 and will feature 7.50% rent increases throughout the initial term and in each of its two 5-year renewal options. This is not a sale-leaseback. SEASONED KFC & TACO BELL LOCATION: This location has been operating since 1984 which evidences its long term profitability. As a dual-branded restaurant, the property caters to a widened customer base and benefits from its expanded product mix compared to single-branded restaurants. RECENT INTERIOR & EXTERIOR MODEL: This site underwent an interior and exterior remodel in 2015, demonstrating the company’s long-term commitment to the site. EXCELLENT ACCESS/VISIBILITY: The KFC and Taco Bell site is situated with excellent access and visibility just feet from the signalized intersection of Bells Ferry Road (24,500 VPD) and Highway 92 (41,300 VPD), which provides access to Interstate 575 (107,000 VPD) to the east and Interstate 75 (127,000 VPD) to the west.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
015N06-00000-184-000-0000
Land Assessment
$134,840
Improvements Assessment
$127,896
Total Assessment
$262,736
  • Listing ID: 17052636

  • Date on Market: 8/28/2019

  • Last Updated:

  • Address: 6760 Hwy 92, Acworth, GA 30102

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