1970 Cobb Pky NW - Fast Food FOR SALE
Kennesaw, GA 30152 |
1970 Cobb Pky NW
Kennesaw, GA 30152
HIGHLIGHTS
- 8 years remaining on initial 20-year Absolute NNN lease with attractive 10% rental escalations every 5 years!
- KBP Foods (the largest KFC franchisee in the U.S.) operates ±840 locations in 28 states (+20% of KFC locations in the U.S. system)
- Will generate sales in excess of $1 billion in 2023 (FQSR, LLC is the tenant on the lease, encompasses all restaurant locations)
- Successfully open & operating for decades with an attractive 8.38% rent to sales ratio!
- Well positioned in affluent trade area of Kennesaw - across the street from a Whole Foods Anchored Retail Center, Hobby Lobby, Academy Sports, etc
- 2023 DEMOGRAPHICS: Total Population (5-MI): 172,067 | Average Household Income (1-MI): $134,400
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
KFC – KENNESAW, GA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
2407
STORIES
1
YEAR BUILT
1989
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
20-0207-0-025-0
