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Restaurant

KFC / Taco Bell

3520 Edgmont Ave, Brookhaven, PA 19015

Listing Price: $2,222,222

Cap Rate
4.50%
Tenant Name
KFC / Taco Bell
Guarantor
Franchisee Guarantee
Rentable SF
2,200
Lease Type
Absolute Net
Rent Per Square Feet
$45.45

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale KFC / Taco Bell a single-tenant property located at 3519 Edgmont Avenue, Philadelphia (Brookhaven), Pennsylvania 19015. Operated by CMG Companies which is the third largest KFC Franchisee in the Nation with over 320 units. The subject property is comprised of 2,200 square feet, built-in 2004 and remodeled in 2018 on a moderate 36,930 SF lot with drive thru. Situated on Edgmont Avenue which oversees 22,225 vehicles per day. The subject property is surrounded by many national tenants and near three schools totaling 928 students. Based out of Dallas, Texas - CMG Companies is a Franchise Times top 25 multi-unit franchise operator of restaurants, retail, and hotels. We operate in 30+ states with approximately 300+ restaurants, 90+ retail units and 7 hotels, along with interests in real estate and other commercial investments. Our humble backgrounds and roots are centered in the hospitality space, operating restaurants since 2001 and hotels since 2010. CMG Companies is a group of separate and independent entities with investments in the multi-unit and franchise space primarily in restaurant, hotel, retail, and real estate sectors. Current brand involvement includes KFC, Taco Bell, Marriott, Hilton, IHG, Genghis Grill, Sonic, Little Caesars, and Rent-A-Center to name a few.

Investment Highlights

  • Operated by CMG Companies (3rd Largest KFC Franchisee in the Nation): The Operator is One of the Top QSR Franchisees in the Nation with Over 320 QSR Units.
  • New 20 Year Absolute-Net Lease: No Landlord Responsibilities, 1.5% Annual Increases with Four, 5 Year Options to Extend.
  • Philadelphia MSA: KFC / Taco Bell is Less Than 30 Minutes from Downtown Philadelphia with Excellent Demographics Surrounding the Subject Property (5 Mile Population: 216,992).

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Restaurant

KFC / Taco Bell

Listing Price: $2,222,222

Cap Rate
4.50%
Tenant Name
KFC / Taco Bell
Guarantor
Franchisee Guarantee
Rentable SF
2,200
Lease Type
Absolute Net
Rent Per Square Feet
$45.45

Investment Highlights

  • Operated by CMG Companies (3rd Largest KFC Franchisee in the Nation): The Operator is One of the Top QSR Franchisees in the Nation with Over 320 QSR Units.
  • New 20 Year Absolute-Net Lease: No Landlord Responsibilities, 1.5% Annual Increases with Four, 5 Year Options to Extend.
  • Philadelphia MSA: KFC / Taco Bell is Less Than 30 Minutes from Downtown Philadelphia with Excellent Demographics Surrounding the Subject Property (5 Mile Population: 216,992).

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale KFC / Taco Bell a single-tenant property located at 3519 Edgmont Avenue, Philadelphia (Brookhaven), Pennsylvania 19015. Operated by CMG Companies which is the third largest KFC Franchisee in the Nation with over 320 units. The subject property is comprised of 2,200 square feet, built-in 2004 and remodeled in 2018 on a moderate 36,930 SF lot with drive thru. Situated on Edgmont Avenue which oversees 22,225 vehicles per day. The subject property is surrounded by many national tenants and near three schools totaling 928 students. Based out of Dallas, Texas - CMG Companies is a Franchise Times top 25 multi-unit franchise operator of restaurants, retail, and hotels. We operate in 30+ states with approximately 300+ restaurants, 90+ retail units and 7 hotels, along with interests in real estate and other commercial investments. Our humble backgrounds and roots are centered in the hospitality space, operating restaurants since 2001 and hotels since 2010. CMG Companies is a group of separate and independent entities with investments in the multi-unit and franchise space primarily in restaurant, hotel, retail, and real estate sectors. Current brand involvement includes KFC, Taco Bell, Marriott, Hilton, IHG, Genghis Grill, Sonic, Little Caesars, and Rent-A-Center to name a few.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

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