124 W Main St - Fast Food FOR SALE


Xenia, OH 45385
$1,386,000 USD
949-506-2012
124 W Main St, Xenia, OH for Sale
$1,386,000 USD
Fast Food - FOR SALE
1/4
null | 6.35% Cap Rate

124 W Main St
Xenia, OH 45385


HIGHLIGHTS

  • KBP Foods Operator (1,100+ Units) | Over 13 Years Remaining | Strong Guarantor
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Part of the $140MM+ Market District Redevelopment | Annual Sales Reporting
  • 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

$1,386,000 USD

PRICE/SF

$569 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC | Part of $140MM Redevelopment | 13 Yrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,507 SF

ZONING

-

APN/PARCEL ID

M40-0001-0007-0-0030-00,M40-0001-0007-0-0031-00

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 Policy.