2211 N Verity Pky - Fast Food FOR SALE


Middletown, OH 45042
$1,940,500 USD
949-506-2012
2211 N Verity Pky, Middletown, OH for Sale
$1,940,500 USD
Fast Food - FOR SALE
1/4
null | 6.35% Cap Rate

2211 N Verity Pky
Middletown, OH 45042


HIGHLIGHTS

  • KBP Foods Operator (1,100+ Units) | Over 13 Years Remaining | Strong Guarantor
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • In Proximity to multiple National/Credit Tenants | Annual Sales Reported
  • 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. • Over 13 years remaining on the base term with 2 (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

$1,940,500 USD

PRICE/SF

$1,143 USD /SF

CAP RATE

6.35%

% 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

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

-

APN/PARCEL ID

Q6511-024-000-068

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.