441 S West St - Fast Food FOR SALE


Wichita, KS 67213- West Wichita
$1,640,000 USD
949-734-0243
441 S West St, Wichita, KS for Sale
$1,640,000 USD
Fast Food - FOR SALE
1/8
null | 5.75% Cap Rate

441 S West St
Wichita, KS 67213
West Wichita


HIGHLIGHTS

  • Long-Established KFC Location (45+ Year Operating History): KFC has operated at this location since 1980 with the improvements
  • Top-Third Ranking Among Tracked Kansas KFC Locations: Ranked 11 of 33 Kansas KFC locations tracked by CenterCheck
  • Absolute NNN Lease Through February 2034: No landlord responsibilities
  • Contractual Rent Growth: Scheduled 10% rent increases every five years, with four additional five-year renewal options
  • Freestanding QSR Drive-Thru with Multiple Customer Demand Generators: Fee-simple ownership within a dense, hybrid trade area (

OVERVIEW

Operating as a KFC since 1980, this freestanding drive-thru NNN investment combines more than four decades of operating history at the same location with an absolute NNN lease through February 28, 2034, no landlord responsibilities and scheduled 10% rent increases every five years. The fee-simple offering includes an approximately 2,298-square-foot restaurant, remodeled in 2018, on approximately 0.50 acre.

FOR SALE DETAILS

PRICE

$1,640,000 USD

PRICE/SF

$714 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC 45+ Year Operating History Location

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

LI

APN/PARCEL ID

137-26-0-11-01-011.00

ASK ABOUT THIS PROPERTY

Jonathan SelznickLee & Associates Commercial Real Estate ServicesMore Info
949-734-0243

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Jonathan SelznickLee & Associates Commercial Real Estate ServicesMore Info
949-734-0243

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