3003 Reading Rd - Fast Food FOR SALE


Cincinnati, OH 45206- Uptown Cincinnati
$1,717,500 USD
949-506-2012
3003 Reading Rd, Cincinnati, OH for Sale
$1,717,500 USD
Fast Food - FOR SALE
1/7
null | 6% Cap Rate

3003 Reading Rd
Cincinnati, OH 45206
Uptown Cincinnati


HIGHLIGHTS

  • KBP Foods Operator (1,100+ Units) | Over 13 Years Remaining | Strong Guarantor
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • University Location | Signalized Hard Corner | Located off I-71 (131,500 VPD)
  • 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. • Approximately 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

$1,717,500 USD

PRICE/SF

$784 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC | University Location (53,000+ Students)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

C

APN/PARCEL ID

091-0002-0209-00

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.