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- LoopNet Team
900 Gilmer St
Sulphur Springs, TX 75482
KFC: · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Drive Thru
ABOUT 900 GILMER ST , SULPHUR SPRINGS, TX 75482
KFC has a brand new 20-year Absolute NNN lease with 7% rental escalations every 5 years and four 5 year renewal options. The tenant, KBP Foods is the largest KFC Franchisee in the US, operating 687 locations in 23 states and will generate sales in excess of $780 million in 2019. This asset has new high quality build-to-suit construction of KFC’s newest “American Showman” prototype with 100% steel frame, high grade Duro-Last® Roof & Stucco Exterior. KFC is located in Sulphur Springs, Texas on the main north/south thoroughfare with excellent drive by visibility. Nearby retailers include: Walmart Supercenter, Lowe’s Home Improvement, Brookshire’s, Tractor Supply Co., Family Dollar, Dollar General, Bealls, AutoZone, O’Reilly Auto Parts, Hibbett Sports, Rent-A-Center, Atwoods, Walgreens, CVS Pharmacy, etc. The subject location is 2.5 miles from CHRISTUS Mother Frances Hospital (96 beds). *In Association with Texas Local Broker: Paul Blackburn, Blackburn Properties #376821
PROPERTY TAXES
| Parcel Number | R000003668 | Improvements Assessment | $358,680 |
| Land Assessment | $235,220 | Total Assessment | $593,900 |
PROPERTY TAXES
