11970 Lebanon Rd - Fast Food FOR SALE


Sharonville, OH 45241
$1,704,500 USD
949-506-2012
11970 Lebanon Rd, Sharonville, OH for Sale
$1,704,500 USD
Fast Food - FOR SALE
1/7
null | 6.25% Cap Rate

11970 Lebanon Rd
Sharonville, OH 45241


HIGHLIGHTS

  • KBP Foods Operator (1,100+ Units) | Over 13 Years Remaining | Strong Guarantor
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • High Traffic Retail Corridor | Near Kroger Anchored Center
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The subject property is operated by KBP foods one of the largest operators in America with 1,100+ units operating other brands like Taco Bell, Sonic, KFC, and Arby’s. • 13 years remaining on the base term with 5 (5-year) option periods to extend the lease • The lease is backed by FQSR, LLC a subsidiary of KBP Foods that has over 840 units in this entity

FOR SALE DETAILS

PRICE

$1,704,500 USD

PRICE/SF

$657 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC | 13 Yrs NNN | 840+ Unit Guarantor

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

C

APN/PARCEL ID

608-0027-0341-00

ASK ABOUT THIS PROPERTY

Gary ChouSRS National Net LeaseMore Info
949-506-2012

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Gary ChouSRS National Net LeaseMore Info
949-506-2012

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.