214 S L Rogers Wells Blvd - Fast Food FOR SALE


Glasgow, KY 42141
$2,426,000 USD
813-434-8278
214 S L Rogers Wells Blvd, Glasgow, KY for Sale
$2,426,000 USD
Fast Food - FOR SALE
1/7
null | 6% Cap Rate

214 S L Rogers Wells Blvd
Glasgow, KY 42141


HIGHLIGHTS

  • 19 Years Remaining | Annual Rental Increases | Established Brand | KFC - $7.55B in Revenue (2024)
  • Absolute NNN Lease | Fee Simple Ownership | Land & Building | Zero Landlord Responsibilities
  • Outparcel to Food Lion Anchored Center | Dense Retail Corridor | Strong National/Credit Tenant Presence | T.J. Samson Hospital
  • Hard Corner Intersection | Excellent Visibility & Access
  • Local Demographics & 5 Mile Trade Area | Proximity to Nashville/Louisville

OVERVIEW

• The tenant, KFC, currently has 19 years remaining on their initial lease with 3 (5-year) options to extend, demonstrating their commitment to the site • The lease features 1.50% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation • There are over 30,000 KFC restaurants in 150 countries and territories around the world

FOR SALE DETAILS

PRICE

$2,426,000 USD

PRICE/SF

$567 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC - Glasgow KY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

Light Industrial District

APN/PARCEL ID

G11-D

ASK ABOUT THIS PROPERTY

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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William WambleSRS Real Estate PartnersMore Info
813-434-8278

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