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4901 S Calhoun Street - Southgate Plaza - KFC, Fort Wayne, IN

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4901 S Calhoun Street - Southgate Plaza - KFC

Fort Wayne, IN 46807-3209 - South Fort Wayne Submarket


Property Type:Retail Sub Type:Fast Food Status:Existing Year Built:2001
Building Size:2,978 SF Land Area:1.07 AC (46,561 SF)
For Sale Price:$1,560,000 Price/SF:$523.84
Cap Rate:4.50 %
Parking:Free Surface spaces are available
Features:Pylon Sign, Signalized Intersection, Drive Thru



Sale Notes:
The subject offering is a KFC restaurant in Fort Wayne, Indiana. The property is subject to a new 20 year NNN lease, and three 5 year options to renew. Rent increases at each option. The lease calls for zero landlord obligations. The asset is surrounded by major national retailers and is shadow anchored by Kroger and Dollar Tree.

HK Property Group
Harry Kennerk
(317) 559-2800

  
SVN The Kase Group
Jacob Abusharkh
(925) 231-1770




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