KFC & Taco Bell Retail FOR SALE


Fort Washington, MD
$3,345,000 USD
202-286-1542
, Fort Washington, MD for Sale
$3,345,000 USD
Retail - FOR SALE
1/14
null | 5.35% Cap Rate

KFC & Taco Bell
Fort Washington, MD


HIGHLIGHTS

  • Large Franchisee Guaranty | Options To Extend | Annual Increases
  • Absolute NNN Ground Leases | Leased Fee Ownership | Zero Landlord Responsibilities
  • Neighboring Retailers | Near National Harbor
  • Outparcel to Shoppes at Livingston Square | MD-210 (80,000 VPD) | Interstate 495 (236,700 VPD) | Primary Retail Corridor
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

OVERVIEW

SRS Capital Markets is pleased to offer the opportunity to acquire the land ownership in the ground leased, Taco Bell and KFC investment property located in Fort Washington, Maryland. The tenants, Taco Bell & KFC operate under 10 year lease with more than 6 years remaining and 4 (5-year) options to extend, demonstrating their commitment to the site. The leases feature roughly 1.9% annual increases throughout the initial term and 10% increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The leases are absolute NNN ground leases with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor. Both leases are guaranteed by MITRA QSR KNE, LLC, one of the largest Taco Bell & KFC franchisees in the country with over 170 restaurants.

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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