Restaurant
KFC
217 East 25th Street, Kearney, NE 68847
Listing Price: $2,000,000
Investment Overview
The subject property is located at 217 East 25th Street in Kearney, Nebraska which is 120 miles west of Lincoln, Nebraska. 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 four 5-Year Renewal Options after the primary 15-year lease term.
Broker of Record
Listing Price: $2,000,000
Investment Highlights
- 6.75% Rent vs. Sales Ratio - Close proximity to University of Nebraska
- New 15 Year Lease commences at the Close of Escrow
- 120+ Store Franchisee Lease Guarantee - #1 Operational Franchisee in US KFC System
Investment Overview
The subject property is located at 217 East 25th Street in Kearney, Nebraska which is 120 miles west of Lincoln, Nebraska. 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 four 5-Year Renewal Options after the primary 15-year lease term.
Broker of Record
