700 W 7TH Ave
Corsicana, TX 75110
KFC: Brand New 20 Yr Absolute NNN Lse · Retail Property For Sale

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 700+ locations in 23 states and will generate sales in excess of $800 million in 2019. This asset has 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 8.50% rent-to-sales ratio! KFC is located in Corsicana, Texas on West 7th Avenue with excellent drive-by visibility. Nearby retailers include: H-E-B Grocery, Super 1 Foods, Dollar General, Harbor Freight Tools, O’Reilly Auto Parts, AutoZone, Walmart Supercenter, The Home Depot, Tractor Supply Co., Atwoods Ranch & Home, Bealls, Brookshire's, Dollar Tree, Family Dollar, ALDI, etc. The subject location is just 2 miles from Navarro College (enrollment of 574) and less than 3 miles from Navarro Regional Hospital (162 beds). In Association with Texas Local Broker: Paul Blackburn, Blackburn Properties #376821