812 N Pine St
Deridder, LA 70634
KFC: Brand New 20 Year Absolute NNN Lease · 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 I the US operating 739+ locations in 23 states and will generate sales in excess of $825 million in 2020. This asset has new high-quality build-to-suit construction of KFC’s newest “American Showman” prototype in November 2018! This property is priced well below replacement value (land value +$450,000 alone) and sales are currently tracking to hit an attractive 5.78% rent-to-sales ratio! KFC is located in DeRidder, Louisiana on the main north/south thoroughfare with excellent drive-by visibility. Nearby retailers include: Walmart Supercenter, Dollar Tree, Dollar General, Family Dollar, Save-A-Lot, Brookshire Brothers, Tractor Supply Co., Stine Home & Yard, Goodwill, Burkes Outlet, Hibbett Sports, Aaron’s, Rent-A-Center, NAPA Auto Parts, O’Reilly Auto Parts, Advance Auto Parts, AutoZone, Walgreens, etc. The subject location is less than 1 mile from Upper Iowa University DeRidder, about 1 mile from Beauregard Health System (49 beds), and 18 miles from Fort Polk. *In Association with Louisiana Local Broker: Brian Brockman, Bang Realty, Inc. #0995684990-ASA