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Restaurant

KFC

1316 North 6th Street, Beatrice, NE 68310

Listing Price: $1,091,000

Cap Rate
5.50%
Tenant Name
Argonaut Food Partners LLC
Guarantor
Franchisee Guarantee
Rentable SF
2,404
Lease Type
Absolute Net
Rent Per Square Feet
$24.96

Investment Overview

The subject property is located at 1316 North 6th Street in Beatrice NE which is 40 miles south of Lincoln NE. This investment is an Absolute NNN 15 Year Lease with one of the largest KFC Franchisees in the Nation. In 2016, the Franchisee was selected by KFC Corporate as the #1 Operational Franchisee in the system and has continued this honor annually since 2016. The Subject Property Lease is guaranteed by 120+ Stores. The Lease provides for long term stability with 8% increases every 5 years and there are (4) 5 Year Renewal Options after the primary 15-year lease term.

Investment Highlights

  • 5.50% Rent vs. Sales Ratio
  • 120+ Store Franchisee Lease Guarantee - Best Operator in KFC US System for past 4 years
  • New 15 Year Lease Commences @ Close of Escrow

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) NE: 20200223

    Nebraska

Listing Price: $1,091,000

Cap Rate
5.50%
Tenant Name
Argonaut Food Partners LLC
Guarantor
Franchisee Guarantee
Rentable SF
2,404
Lease Type
Absolute Net
Rent Per Square Feet
$24.96

Investment Highlights

  • 5.50% Rent vs. Sales Ratio
  • 120+ Store Franchisee Lease Guarantee - Best Operator in KFC US System for past 4 years
  • New 15 Year Lease Commences @ Close of Escrow

Investment Overview

The subject property is located at 1316 North 6th Street in Beatrice NE which is 40 miles south of Lincoln NE. This investment is an Absolute NNN 15 Year Lease with one of the largest KFC Franchisees in the Nation. In 2016, the Franchisee was selected by KFC Corporate as the #1 Operational Franchisee in the system and has continued this honor annually since 2016. The Subject Property Lease is guaranteed by 120+ Stores. The Lease provides for long term stability with 8% increases every 5 years and there are (4) 5 Year Renewal Options after the primary 15-year lease term.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): NE: 20200223

    Nebraska

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