KFC

KFC

409 FL-19, Palatka, FL 32177, USA
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409 FL-19, Palatka, FL 32177, USA

409 FL-19, Palatka, FL 32177, USA

Eion Snell

Listed By

eionsnell@gmail.com

954-629-6215

Contact Listing Broker





Price: $2,364,000

Cap Rate 5 %

NOI $ 118200

Development Type Retail

Building Size 2,761 sqft

Lot Area 0.87 acre

Occupancy 100 %

Year Built 2007

View Area Map

Largest KFC Franchisee in US. 700 units – long operating history. Passive, secure long term tenant. Strong guarantee with great sales.

PROPERTY HIGHLIGHTS

  • The KFC is guaranteed by KBP Foods with over 650 units that covers the lease. KBP is the Largest KFC Franchisee in the US
  • This location has over 17 years left on the lease with 5% increases every 5 years.
  • A well maintained 2,761 square-foot retail property with KFC as the sole occupant since the building's inception in 2007.
  • This Store is out parceled to Publix and surrounding retailers Hibbs, CVS, Dollarstore, Walmart, Home depot, Bank of America, O'Reilly's and Walgreens
  • The new buyer will enjoy a complete hands off passive investment with one of the strongest guarantees in quick service restaurant sector.
  • The property is located on Hwy 19 N in the immediate market area with an average annual daily traffic of 18,433 vehicles.

409 FL-19, Palatka, FL 32177, USA