Restaurant
KFC - 400+ Unit Franchisee - Top Performing Location
278 Yost Blvd, Pittsburgh, PA 15221
Listing Price: $1,053,283
Investment Overview
Marcus & Millichap is pleased to present for sale KFC in Pittsburgh, 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.
Pittsburgh, often referred to as the "Steel City" or the "City of Bridges," is a vibrant and historically rich city located in southwestern Pennsylvania. With a population of around 300,000 residents, Pittsburgh is the second-largest city in Pennsylvania, 68th largest city in the U.S., and serves as the county seat of Allegheny County. Major companies, including Google, Uber, and PNC Financial Services, have a significant presence in 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 3.7 Percent RTS Based on 2022 Sales
- Excellent Frontage at Intersection of Brinton Road and Yost Boulevard (Over 12,000 Cars per Day) Directly Connected to Lincoln Hwy-30 (Over 31,000 Cars per Day)
- 251,225 Residents and 236,227 Daytime Employees Located Within a Five-Mile Radius - Densely Populated Pittsburgh MSA
- Down the Street from Giant Eagle Supermarket and ALDI
- Surrounded by National Retailers - Taco Bell, Pizza Hut, Papa Johns, Family Dollar, AutoZone, Domino's, Dunkin', and Many More
Broker of Record
-
Timothy B. Stephenson Jr.
Associate Regional Manager
Financing By
Listing Price: $1,053,283
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 3.7 Percent RTS Based on 2022 Sales
- Excellent Frontage at Intersection of Brinton Road and Yost Boulevard (Over 12,000 Cars per Day) Directly Connected to Lincoln Hwy-30 (Over 31,000 Cars per Day)
- 251,225 Residents and 236,227 Daytime Employees Located Within a Five-Mile Radius - Densely Populated Pittsburgh MSA
- Down the Street from Giant Eagle Supermarket and ALDI
- Surrounded by National Retailers - Taco Bell, Pizza Hut, Papa Johns, Family Dollar, AutoZone, Domino's, Dunkin', and Many More
Investment Overview
Marcus & Millichap is pleased to present for sale KFC in Pittsburgh, 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. Pittsburgh, often referred to as the "Steel City" or the "City of Bridges," is a vibrant and historically rich city located in southwestern Pennsylvania. With a population of around 300,000 residents, Pittsburgh is the second-largest city in Pennsylvania, 68th largest city in the U.S., and serves as the county seat of Allegheny County. Major companies, including Google, Uber, and PNC Financial Services, have a significant presence in Pittsburgh.
Broker of Record
-
Timothy B. Stephenson Jr.
Associate Regional Manager
Financing By
