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KFC
Amherst, NY 14226
True NNN- Annual Bumps- RARE NY Asset · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Long Term Absolute NNN Corp. Lease by KFC (Great Lakes Restaurants, LLC) - Proven Location
  • High Density Infill Site next to University of Buffalo (29k+ Students) - Intersection of 3 Major Streets
  • World Famous City as Home to Niagara Falls - 2nd Largest City in State of NY - High Barriers to Entry
  • RARE Upper Northeast NY QSR Deal - Bite Size Price Point with 1.75% Annual Bumps & Drive Thru
  • KFC is World’s Most Popular Chicken Restaurant Chain - 2nd Largest Restaurant Chain behind McD’s

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,996 SF
Building Class
C
Year Built/Renovated
1985/2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.37 AC
Zoning
Commercial
Parking
18 Spaces (9.85 Spaces per 1,000 SF Leased)
Frontage
45’ on Bailey Ave

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Signalized Intersection
  • Drive Thru

ABOUT KFC , AMHERST, NY 14226

We are pleased to offer to qualified investors an opportunity to purchase a single tenant absolute NNN leased investment (fee simple) occupied by KFC with ~11 years remaining on the lease. Positioned on the main north/south corridor of Amherst (Buffalo), NY; the subject property benefits from its close proximity to The University at Buffalo (30,000+ Students) and The University at Buffalo School of Public Health and Health Professions as well as the dense residential infill that surrounds the property (161,000+ residents within a 3 mile radius). Moreover, KFC was ranked #2 on the Top 100 Global Franchises - 2018 by Franchise Direct and #13 in the Top 50 QSR Brands by QSR Magazine. This is an excellent opportunity to acquire an above average performing KFC location, on an absolute NNN lease with ~11 years remaining, located in Buffalo, NY adjacent to major educational/ university facilities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
142289-079-250-0001-004-000
Land Assessment
$93,000
Improvements Assessment
$1,157,000
Total Assessment
$1,250,000
  • Listing ID: 16208434

  • Date on Market: 5/31/2019

  • Last Updated:

  • Address: KFC, Amherst, NY 14226

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