Retail Space /IN /Allen County /Fort Wayne /6046 Covington Rd
Retail Space /IN /Allen County /Fort Wayne /6046 Covington Rd

6046 Covington Rd - Fast Food FOR SALE


Fort Wayne, IN 46804- Southwest Fort Wayne | 
$1,621,000 USD
949-506-2012
6046 Covington Rd, Fort Wayne, IN for Sale
$1,621,000 USD
Fast Food - FOR SALE
1/7
null | 6.3% Cap Rate
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6046 Covington Rd
Fort Wayne, IN 46804
Southwest Fort Wayne

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HIGHLIGHTS

  • Over 10 Years Remaining | FQSR, LLC Operator (840+ Units) | Options to Extend
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Immediate Proximity to Multiple National Tenants | Located off W Jefferson Blvd. (33,500 VPD)
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The subject property is operated by FQSR, LLC, a subsidiary of KBP Foods, one of the largest operators in America with 1,100+ units operating other brands like Taco Bell, Sonic, KFC, and Arby’s. • Over 10 years remaining on the base term with 5 (5-year) option periods to extend the lease.

FOR SALE DETAILS

PRICE

$1,621,000 USD

PRICE/SF

$480 USD /SF

CAP RATE

6.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC | 10+yrs Remain Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

C2

APN/PARCEL ID

02-12-07-454-001.000-074

ASK ABOUT THIS PROPERTY

Gary ChouSRS National Net LeaseMore Info
949-506-2012

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Gary ChouSRS National Net LeaseMore Info
949-506-2012

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

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