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Restaurant

KFC NNN Leases | Strong Guarantee

201 E 1st Ave, Crossett, AR 71635

Listing Price: $761,538

Cap Rate
6.50%
Tenant Name
KFC
Years Remaining On Lease
5.0
Guarantor
Franchisee Guarantee
Rentable SF
2,614
Lease Type
Absolute Net
Rent Per Square Feet
$18.94

Investment Overview

Marcus and Millichap is pleased to present for sale this Kentucky Fried Chicken restaurant located at 201 E. 1st Avenue in Crossett, Arkansas. Crossett is the largest city in Ashley County Arkansas with a population over 10,752. Georgia-Pacific Corporation and Georgia Pacific Resins Corporation are located in Crossett, Arkansas and employ over 660 people. The cost of living is extremely low in Crossett, making it one of the most affordable places to live in the U.S. A pleasant climate with warm summers and mild winters adds to the appeal of Crossett, Arkansas. Colleges and universities in close vicinity to this Kentucky Fried Chicken include UAM College of Technology-Crossett and The University of Arkansas. Also located nearby is Ashley County Medical Center. Only a short eight mile drive from this property is the Felsenthal National Wildlife Refuge with 76,000 acres and water resources dominated by the Quachita and Saline Rivers and Felsenthal Pool and serving thousands of visitors each year. Many apartment complexes are located nearby this property including Oakhurst Apartments with 77 Units, Village Creek Apartments with 76 Units and Turtle Creek Apartments with 216 Units. KFC, also known as Kentucky Fried Chicken, is an American fast food restaurant chain headquartered in Louisville, Kentucky, that specializes in fried chicken. It is the world’s second-largest restaurant chain (as measured by sales) after McDonald’s, with 22,621 locations globally in 136 countries as of December 2019. The chain is a subsidiary of Yum! Brands, a restaurant company that also owns the Pizza Hut, Taco Bell, and WingStreet chains.

Investment Highlights

  • KFC Absolute NNN Lease with 7.5% Increases Every 5 Years in the Base Term and Options
  • KFC Located in Crossett, Arkansas Population Over 10,752 and Home To Georgia-Pacific Corporation
  • Crossett, Arkansas Has Very Low Cost of Living Making it One of Most Affordable Places to Live in the U.S.
  • Colleges and Universities Close to this KFC Include UAM College of Technology-Crossett and The University of Arkansas
  • Kentucky Fried Chicken is the World's Second Largest Restaurant Chain (As Measured By Sales)
  • KFC is considered an Essential Tenant

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s) AR: PB00066390

    Arkansas

Financing By

Restaurant

KFC NNN Leases | Strong Guarantee

Listing Price: $761,538

Cap Rate
6.50%
Tenant Name
KFC
Years Remaining On Lease
5.0
Guarantor
Franchisee Guarantee
Rentable SF
2,614
Lease Type
Absolute Net
Rent Per Square Feet
$18.94

Investment Highlights

  • KFC Absolute NNN Lease with 7.5% Increases Every 5 Years in the Base Term and Options
  • KFC Located in Crossett, Arkansas Population Over 10,752 and Home To Georgia-Pacific Corporation
  • Crossett, Arkansas Has Very Low Cost of Living Making it One of Most Affordable Places to Live in the U.S.
  • Colleges and Universities Close to this KFC Include UAM College of Technology-Crossett and The University of Arkansas
  • Kentucky Fried Chicken is the World's Second Largest Restaurant Chain (As Measured By Sales)
  • KFC is considered an Essential Tenant

Investment Overview

Marcus and Millichap is pleased to present for sale this Kentucky Fried Chicken restaurant located at 201 E. 1st Avenue in Crossett, Arkansas. Crossett is the largest city in Ashley County Arkansas with a population over 10,752. Georgia-Pacific Corporation and Georgia Pacific Resins Corporation are located in Crossett, Arkansas and employ over 660 people. The cost of living is extremely low in Crossett, making it one of the most affordable places to live in the U.S. A pleasant climate with warm summers and mild winters adds to the appeal of Crossett, Arkansas. Colleges and universities in close vicinity to this Kentucky Fried Chicken include UAM College of Technology-Crossett and The University of Arkansas. Also located nearby is Ashley County Medical Center. Only a short eight mile drive from this property is the Felsenthal National Wildlife Refuge with 76,000 acres and water resources dominated by the Quachita and Saline Rivers and Felsenthal Pool and serving thousands of visitors each year. Many apartment complexes are located nearby this property including Oakhurst Apartments with 77 Units, Village Creek Apartments with 76 Units and Turtle Creek Apartments with 216 Units. KFC, also known as Kentucky Fried Chicken, is an American fast food restaurant chain headquartered in Louisville, Kentucky, that specializes in fried chicken. It is the world’s second-largest restaurant chain (as measured by sales) after McDonald’s, with 22,621 locations globally in 136 countries as of December 2019. The chain is a subsidiary of Yum! Brands, a restaurant company that also owns the Pizza Hut, Taco Bell, and WingStreet chains.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s): AR: PB00066390

    Arkansas

Financing By

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