Restaurant
KFC
2405 Riverside Ave, Paso Robles, CA 93446
Listing Price: $2,274,000
Investment Overview
The subject property is located at 2405 North Riverside Avenue in Paso Robles CA which is 230 miles northwest of Los Angeles CA. This investment is a new 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.
Exclusively Listed By
Listing Price: $2,274,000
Investment Highlights
- Low Rent vs Sales Ratio - 6.50%
- New 15 Year Absolute NNN Lease
- 120+ Store Franchisee Lease Guarantee - #1 Operational Franchisee in US KFC System since 2016
Investment Overview
The subject property is located at 2405 North Riverside Avenue in Paso Robles CA which is 230 miles northwest of Los Angeles CA. This investment is a new 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.
Exclusively Listed By
