12394 U.S. State Route Hwy - Fast Food FOR SALE


Jeffersonville, OH 43128
$1,717,000 USD
949-506-2012
12394 U.S. State Route Hwy, Jeffersonville, OH for Sale
$1,717,000 USD
Fast Food - FOR SALE
1/10
null | 6.4% Cap Rate

12394 U.S. State Route Hwy
Jeffersonville, OH 43128


HIGHLIGHTS

  • KBP Foods Operator (1,100+ Units) | 13+ Years Remaining
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Located Along U.S. 35 (14,800 VPD) / I-71 Corridor (44,520 VPD) | Strong Retail, Travel & Regional Access
  • Strong Demographics In 5/3-Mile Trade Area

OVERVIEW

SRS National Net Lease Group, LP is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, KFC investment property located in Jeffersonville, Ohio. The tenant has approximately 13 years remaining on their base lease term with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 7.50% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

FOR SALE DETAILS

PRICE

$1,717,000 USD

PRICE/SF

$446 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC | 13+yrs Remain Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,647 SF

ZONING

RC

APN/PARCEL ID

060-015-0-00-033-00,060-015-0-00-034-00,060-015-0-00-035-00,060-015-000-031-00

ASK ABOUT THIS PROPERTY

Gary ChouSRS National Net LeaseMore Info
949-506-2012

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Gary ChouSRS National Net LeaseMore Info
949-506-2012

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