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707 E 23rd St
Fremont, NE 68025
KFC – FREMONT, NE · Retail Property For Sale
Investment Highlights
- LONG-TERM ABSOLUTE NNN LEASE: Over 15 years on Absolute NNN lease with attractive 7.00% rental escalations every 5 years
- Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations (+20% of KFC locations in the U.S. system)
- TRAFFIC COUNTS: Well-positioned on an ±0.85-acre lot with excellent visibility/access on E 23rd St (main east/west thoroughfare)
- OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,100 locations across 4 brands in 32 states
- SEASONED LOCATION: Successfully open & operating for decades with an attractive 9.63% Rent-to- Sales ratio (YE 2025)!
- 2025 DEMOGRAPHICS: Total Population (5MI): 31,709 | Average Household Income (1MI): $91,451
Executive Summary
(Building & Land) Fee Simple
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,617 SF
Building Class
C
Year Built/Renovated
1993/2020
Price
$1,988,000
Price Per SF
$759.65
Cap Rate
5.65%
NOI
$112,322
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.85 AC
Zoning
C
Frontage
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Drive Thru
- Monument Signage
Property Taxes
| Parcel Number | 270044352 | Improvements Assessment | $608,713 |
| Land Assessment | $370,840 | Total Assessment | $979,553 |
Property Taxes
Parcel Number
270044352
Land Assessment
$370,840
Improvements Assessment
$608,713
Total Assessment
$979,553
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