Investment Overview

Marcus & Millichap is pleased to present for sale KFC Ground Lease in Louisville, Kentucky. KFC Ground Lease - No Landlord Responsibilities   Three Years Remaining on Absolute Net Ground Lease with Two Five-Year Options to Renew   Multi-Unit, Multi-State Franchisee Operator -Excellent Inflation Hedge: 2.5 Percent Annual Rental Increases throughout Primary Lease Term and Three Percent Annual Increases Throughout Options   Priced Well Below Replacement Cost: Low Price Point Restaurant with High Intrinsic Real Estate Value Due to Underlying Land and Landowner’s Reversion Rights for Updated Building -Adjacent 1.04-Acre Parcel of Land Available Separately to the South (Contact Listing Agent for Details)   Incredible Traffic Exposure: Located on Dixie Highway in a Dense Retail Corridor with Nearly 57,000 Vehicles per Day   Site Offers Multiple Points of Ingress/Egress Allowing for Efficient Traffic Flow   Surrounded by National Tenants Including Panera Bread, Starbucks, Chick fil-A, Walmart, Home Depot, Lowe’s, McDonald’s, Qdoba, Hobby Lobby, Toyota, Chevrolet, Hyundai, Among Many Others   KFC is the 2nd Largest Fast Food Restaurant Chain (Measured by Sales) with Over 24,000 Locations Globally -KFC is Owned by Publicly Traded, Yum! Brands (NYSE: YUM) Who Operates 55,000 Restaurants in 155 Countries.  Yum! Brands has a TTM Revenue of $6.991 Billion and a Market Cap of $33.712 Billion.