Restaurant
KFC - 400+ Unit Franchisee - Top Performing Location
222 W 8th Ave, Homestead, PA 15120
Listing Price: $1,185,061
Investment Overview
Marcus & Millichap is pleased to present for sale KFC in Homestead, Pennsylvania. KFC is a global chicken restaurant brand with a rich, decades-long history of success and innovation. Colonel Harland Sanders created the original chicken recipe and founded the KFC brand more than 90 years ago. Today, over 800,000 team members are employed in more than 26,000 restaurants in over 145 countries and territories around the world.
Homestead is a borough located in Allegheny County, Pennsylvania. Situated in the western part of the state, Homestead is part of the Pittsburgh metropolitan area. Much of Homestead and some of the surrounding communities are listed on the National Register of Historic Places as the Homestead Historic District. Homestead is located only six miles from downtown Pittsburgh.
KFC - 400+ Unit Franchisee - Top Performing Location
Investment Highlights
- Triple-Net (NNN) Lease with Over Eight Years Remaining - Drive Thru Location
- 10 Percent Rental Increases Every Five Years
- Franchisee and Lease Guarantor is a 400 Plus Unit Operator
- Low Rent-to-Sales Ratio Location with 4.8 Percent RTS Based on 2022 Sales
- Excellent Frontage and Accessibility Along W 8th Avenue (Over 16,000 Cars per Day) Directly Connected to Homestead Grays Bridge (Over 37,150 Cars per Day)
- 338,870 Residents and 414,840 Daytime Employees Located Within a Five-Mile Radius - Densely Populated Pittsburgh MSA
- Immediate Proximity to The Waterfront Shopping Center, Super-Regional Open Air Shopping Mall Spanning Three Boroughs
- Surrounded by National Retailers - Costco, AMC, Target, ALDI, Walgreens, Dick's Sporting Goods, T.J. Maxx, Petco, Marshalls, and Many More
Broker of Record
-
Timothy B. Stephenson Jr.
Associate Regional Manager
Financing By
Listing Price: $1,185,061
Investment Highlights
- Triple-Net (NNN) Lease with Over Eight Years Remaining - Drive Thru Location
- 10 Percent Rental Increases Every Five Years
- Franchisee and Lease Guarantor is a 400 Plus Unit Operator
- Low Rent-to-Sales Ratio Location with 4.8 Percent RTS Based on 2022 Sales
- Excellent Frontage and Accessibility Along W 8th Avenue (Over 16,000 Cars per Day) Directly Connected to Homestead Grays Bridge (Over 37,150 Cars per Day)
- 338,870 Residents and 414,840 Daytime Employees Located Within a Five-Mile Radius - Densely Populated Pittsburgh MSA
- Immediate Proximity to The Waterfront Shopping Center, Super-Regional Open Air Shopping Mall Spanning Three Boroughs
- Surrounded by National Retailers - Costco, AMC, Target, ALDI, Walgreens, Dick's Sporting Goods, T.J. Maxx, Petco, Marshalls, and Many More
Investment Overview
Marcus & Millichap is pleased to present for sale KFC in Homestead, Pennsylvania. KFC is a global chicken restaurant brand with a rich, decades-long history of success and innovation. Colonel Harland Sanders created the original chicken recipe and founded the KFC brand more than 90 years ago. Today, over 800,000 team members are employed in more than 26,000 restaurants in over 145 countries and territories around the world. Homestead is a borough located in Allegheny County, Pennsylvania. Situated in the western part of the state, Homestead is part of the Pittsburgh metropolitan area. Much of Homestead and some of the surrounding communities are listed on the National Register of Historic Places as the Homestead Historic District. Homestead is located only six miles from downtown Pittsburgh.
Broker of Record
-
Timothy B. Stephenson Jr.
Associate Regional Manager
Financing By
