Iceberg Net Lease is pleased to present a corporate-backed KFC investment opportunity in Brockport, NY—a thriving college town just 20 miles west of Rochester. This absolute NNN ground lease commenced in May 2019 and runs through April 2039, offering investors 13 years of term remaining, zero landlord responsibilities, and built-in 7% rent escalations every five years.
The lease is guaranteed by KBP Foods, the largest KFC franchisee in the U.S., operating over 1,100 locations across 35 states. KBP’s operational scale, institutional backing, and history of performance position this as a secure, long-term income stream with minimal risk.
Situated on a 0.55-acre parcel with 2,500 SF building, the property benefits from prime visibility on Lake Road (NYS Route 19)—Brockport’s main retail corridor. It is shadow-anchored by Wegmans and T.J.Maxx and surrounded by top-tier national retailers including Walmart Supercenter, Lowe’s, ALDI, CVS, and Tractor Supply.
The site’s strategic location less than one mile from SUNY Brockport (8,200+ students) and two miles from UR Medicine – Strong West drives steady daily traffic from students, faculty, healthcare professionals, and local residents.
Key Highlights
Corporate Guarantee: Lease backed by KBP Foods (1,100+ units nationwide)
Absolute NNN Structure: Zero landlord responsibilities
13 Years Remaining: Original 20-year term with two 5-year options
7% Rent Increases: Every five years, including option periods
Prime Retail Positioning: Shadow-anchored by Wegmans & T.J.Maxx; near Walmart, Lowe’s, ALDI