707 E 23rd St - Fast Food FOR SALE
Fremont, NE 68025 |
$1,988,000 USD
480-718-5555
707 E 23rd St
Fremont, NE 68025
HIGHLIGHTS
- LONG-TERM ABSOLUTE NNN LEASE: Over 15 years on Absolute NNN lease with attractive 7.00% rental escalations every 5 years
- OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,100 locations across 4 brands in 32 states
- Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations (+20% of KFC locations in the U.S. system)
- SEASONED LOCATION: Successfully open & operating for decades with an attractive 9.63% Rent-to- Sales ratio (YE 2025)!
- TRAFFIC COUNTS: Well-positioned on an ±0.85-acre lot with excellent visibility/access on E 23rd St (main east/west thoroughfare)
- 2025 DEMOGRAPHICS: Total Population (5MI): 31,709 | Average Household Income (1MI): $91,451
FOR SALE DETAILS
PRICE
$1,988,000 USD
PRICE/SF
$760 USD /SF
CAP RATE
5.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KFC – FREMONT, NE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.85 AC
LAND SF
37,026 SF
ZONING
C
APN/PARCEL ID
270044352
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480-718-5555
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480-718-5555
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