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7560 Preston Rd
Frisco, TX 75034
KFC: Frisco, TX (Dallas MSA) · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,660 SF
Building Class
B
Year Built/Renovated
1999/2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.83 AC

Amenities

  • Drive Thru

About 7560 PRESTON RD , FRISCO, TX 75034

TOP FRANCHISEE : Ampex Brands was formed in 2005 as a result of an acquisition that included 18 Long John Silver’s restaurants and has since grown at a record rate, employing more than 6,000 team members. Ampex Brands landed the 17th spot on the 2019 Mega 99 Rankings which is a compilation of the country’s largest multi-unit franchisee organizations. The company currently operates around 500 units of KFC, Taco Bell, Tim Hortons, Long John Silver’s and A&W in Arkansas, Illinois, Louisiana, Missouri, New York, Ohio, Oklahoma, Pennsylvania, Texas and West Virginia. The tenant on the lease, Ampex Brands, LLC, operates 45 KFC locations. PREMIER QSR BRAND: 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 23,118 restaurants in over 130 countries. The KFC brand is owned by Yum! Brands, Inc. (NYSE: YUM), which is one of the world’s largest restaurant companies and also owns 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. Additionally, KFC reported TTM total revenues of $2.5 billion, accounting for nearly half of YUM! Brands total revenue. LONG-TERM ABSOLUTE NNN LEASE: KFC’s recently-executed absolute NNN lease has ±15 years of primary term remaining and features 7.50% rent escalations every 5 years in the initial term, as well as in each of the two 5-year renewal options. RECENT INTERIOR MODEL: This site recently underwent an interior remodel which features KFC’s new modern design that includes crafted finishes and bold graphics, demonstrating the company’s long-term commitment to the site.

Property Taxes

Property Taxes

Parcel Number
R-4050-00A-003R-1
Land Assessment
$831,560
Improvements Assessment
$824,134
Total Assessment
$1,655,694
  • Listing ID: 17512054

  • Date on Market: 10/21/2019

  • Last Updated:

  • Address: 7560 Preston Rd, Frisco, TX 75034

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