Restaurant
KFC
2120 N Prince St, Clovis, NM 88101
Listing Price: $1,833,000
Investment Overview
The subject property is located at 2120 North Prince Street in Clovis NM which is 100 miles from both Amarillo TX and Lubbock TX. This investment is a new Absolute NNN 15 Year Lease with one of the largest KFC Franchisees in the Nation which won 2023 Franchisee of the Year honors. The store sales are well above national KFC AUV. The Subject Property Lease is guaranteed by 125+ 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
Broker of Record
Financing By
Listing Price: $1,833,000
Investment Highlights
- New 15 Year Lease from the Close of Escrow
- 125+ Store Franchisee Lease Guarantee - 2023 KFC Franchisee of the Year
- Strong Store Sales - 2020 Interior & Exterior Remodel
Investment Overview
The subject property is located at 2120 North Prince Street in Clovis NM which is 100 miles from both Amarillo TX and Lubbock TX. This investment is a new Absolute NNN 15 Year Lease with one of the largest KFC Franchisees in the Nation which won 2023 Franchisee of the Year honors. The store sales are well above national KFC AUV. The Subject Property Lease is guaranteed by 125+ 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
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
Financing By
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