4410 Buffalo Rd - Fast Food FOR SALE


Erie, PA 16510
$1,344,058 USD
332-345-4206
4410 Buffalo Rd, Erie, PA for Sale
$1,344,058 USD
Fast Food - FOR SALE
1/3
null | 6.25% Cap Rate

4410 Buffalo Rd
Erie, PA 16510


HIGHLIGHTS

  • Long Term NNN Lease
  • Attractive Rental Increases
  • Experienced Operator
  • National Concept

OVERVIEW

Surmount is pleased to present the exclusive listing for a KFC located at 4410 Buffalo Rd, Erie, PA 16510. The site consists of roughly 2,200 rentable square feet of building space on an estimated 0.89-acre parcel of land. This KFC is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $84,004 and has scheduled increases of 1.25% starting in year 6.

FOR SALE DETAILS

PRICE

$1,344,058 USD

PRICE/SF

$611 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

-

APN/PARCEL ID

27-013-105.0-001.00

ASK ABOUT THIS PROPERTY

Russell WachtlerSurmountMore Info
332-345-4206

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Russell WachtlerSurmountMore Info
332-345-4206

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