504 63 Hwy - Freestanding FOR SALE
Trumann, AR 72472 |
$1,471,111 USD
831-233-2196
504 63 Hwy
Trumann, AR 72472
HIGHLIGHTS
- Absolute NNN Lease | No Landlord Responsibilities
- Tasty Chick’n LLC | 90 KFC and Taco Bell co-branded franchise restaurants
- Traffic | Conveniently Located traveling through the town of Trumann, averaging 17,600 combined vehicles passing by daily
- Property is located within walking distance of national hotel brands including Holiday Inn, Staybridge Suites, and Knights Inn
- Over 14 Years remaining on the Lease and 4-5 year Options with 10% Rental Increases
- Parcel Size | .96 Acre Lot | Building Size 4,553 SF
OVERVIEW
Mahoney & Associates is pleased to offer for sale a Dual-Brand Taco Bell/KFC in Trumann, Arkansas. The tenant is a subsidiary of Tasty Chick’n LLC who operates 90 KFC + Taco Bell/KFC co-branded restaurants in 8 States. Taco Bell/KFC has 14 years remaining on the initial 20-year lease term with 4–5 year options to renew.
The subject property is approximately 4,553 square feet and sits on a .96-acre lot with a drive-thru. This Taco Bell/KFC property offers a unique opportunity to capitalize on a long-term lease with a strong operator in a thriving MSA.
FOR SALE DETAILS
PRICE
$1,471,111 USD
PRICE/SF
$323 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Taco Bell/KFC | Absolute NNN Lease | 14 Years
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.28 AC
LAND SF
12,197 SF
ZONING
C-2
APN/PARCEL ID
555-02127,555-02127-0000,555-02135,555-02138
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831-233-2196
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831-233-2196
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