Skip to main content

Restaurant

KFC

683 N Main St, Russellville, KY 42276

Listing Price: $1,492,278

Cap Rate
5.50%
Tenant Name
KFC
Guarantor
Franchisee Guarantee
Rentable SF
3,220
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.49

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the KFC located at 683 N. Main Street in Russellville, KY. The building consists of approximately 3,220 square feet of building space and is situated on approximately 1.11 acres of land. The tenant is subject to a 20-Year triple-net (NNN) sale-leaseback with 20 years remaining. The base rent is $82,075 with 2% Annual rental increases. There are four (4), five (5)-year renewal options in addition to the initial term.

Investment Highlights

  • 20-Year Triple-Net (NNN) Sale-Leaseback
  • Attractive Rental Increases | 2% Annually
  • Franchisee Guarantee | Sizeable Operator With Plans for Expansion

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KY: 242197

    Kentucky

Listing Price: $1,492,278

Cap Rate
5.50%
Tenant Name
KFC
Guarantor
Franchisee Guarantee
Rentable SF
3,220
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.49

Investment Highlights

  • 20-Year Triple-Net (NNN) Sale-Leaseback
  • Attractive Rental Increases | 2% Annually
  • Franchisee Guarantee | Sizeable Operator With Plans for Expansion

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the KFC located at 683 N. Main Street in Russellville, KY. The building consists of approximately 3,220 square feet of building space and is situated on approximately 1.11 acres of land. The tenant is subject to a 20-Year triple-net (NNN) sale-leaseback with 20 years remaining. The base rent is $82,075 with 2% Annual rental increases. There are four (4), five (5)-year renewal options in addition to the initial term.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KY: 242197

    Kentucky

MM Texture Background
MM Textured Background Lower