3826 US Highway 23 - Fast Food FOR SALE
Portsmouth, OH 45662 |
3826 US Highway 23
Portsmouth, OH 45662
HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7% Rental Escalations every 5 Years
- KBP Foods Operates 770 Locations in 25 States (19% of Locations in U.S. System) and will Generate Sales in Excess of $825 Million in 2020!
- RARE Dual-Branded Concept (Grandfathered In) Offering the Best of YUM! Brands Under One Roof!
- Successfully Open & Operating for Decades with an Attractive 8.03% Rent to Sales Ratio and Over $304,000 in EBITDA!
- Great Drive-By Visibility on US-23 where Traffic Counts Exceed 20,600 CPD!
- 2020 DEMOGRAPHICS: Total Population (5-MI): 31,747 | Average Household Income (1-MI): $74,953
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
KFC & Taco Bell
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
2913
STORIES
1
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
32
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
05-0561.000
