850 Eastgate South Dr - Fast Food FOR SALE


Cincinnati, OH 45245
$1,860,000 USD
949-506-2012
850 Eastgate South Dr, Cincinnati, OH for Sale
$1,860,000 USD
Fast Food - FOR SALE
1/7
null | 6.15% Cap Rate

850 Eastgate South Dr
Cincinnati, OH 45245


HIGHLIGHTS

  • FQSR, LLC Operator (840+ Units) | Over 13 Years Remaining | Strong Guarantor
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Adjacent to Major Retail Centers | Situated Near State Highway 32 (50,000 VPD)
  • Above Average 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. • More than 13 years remain on the base term with 4 (5-year) option periods to extend the lease.

FOR SALE DETAILS

PRICE

$1,860,000 USD

PRICE/SF

$683 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC | 13 Yrs NNN | 840+ Unit Guarantor

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,775 SF

ZONING

-

APN/PARCEL ID

41-56-07.-005

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.