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Restaurant

KFC

3175 W 11th Ave, Eugene, OR 97402

Listing Price: $3,091,000

Cap Rate
5.00%
Tenant Name
KFC
Years Remaining On Lease
17.4
Guarantor
Franchisee Guarantee
Rentable SF
3,194
Lease Type
Absolute Net
Rent Per Square Feet
$48.38

Investment Overview

The subject property is located at 3175 West 11th Avenue in Eugene OR (Home to University of Oregon). This investment is a Absolute NNN 20 Year Lease with one of the largest KFC Franchisees in the Nation. The Franchisee was just named "2023 Franchisee of the Year" by KFC Corporate. The Subject Property Lease is guaranteed by 125+ Stores. The 20 year NNN Lease commenced December 1st 2021 and there are (4) 5 Year Renewal Options after the primary 20-year lease term.

Investment Highlights

  • 20 Year Absolute NNN Lease with 17 years remaining
  • 1.50% Annual Rental Increases - 125+ Stores Guarantee Lease
  • Strong Sales Location - Tenant is 2023 KFC Franchisee of the Year

Exclusively Listed By

Broker of Record

  • David Tabata

    Regional Manager

    (503) 200-2000

    License(s) OR: 201224889

    Oregon

Financing By

Listing Price: $3,091,000

Cap Rate
5.00%
Tenant Name
KFC
Years Remaining On Lease
17.4
Guarantor
Franchisee Guarantee
Rentable SF
3,194
Lease Type
Absolute Net
Rent Per Square Feet
$48.38

Investment Highlights

  • 20 Year Absolute NNN Lease with 17 years remaining
  • 1.50% Annual Rental Increases - 125+ Stores Guarantee Lease
  • Strong Sales Location - Tenant is 2023 KFC Franchisee of the Year

Investment Overview

The subject property is located at 3175 West 11th Avenue in Eugene OR (Home to University of Oregon). This investment is a Absolute NNN 20 Year Lease with one of the largest KFC Franchisees in the Nation. The Franchisee was just named "2023 Franchisee of the Year" by KFC Corporate. The Subject Property Lease is guaranteed by 125+ Stores. The 20 year NNN Lease commenced December 1st 2021 and there are (4) 5 Year Renewal Options after the primary 20-year lease term.

Exclusively Listed By

Broker of Record

  • David Tabata

    Regional Manager

    (503) 200-2000

    License(s): OR: 201224889

    Oregon

Financing By

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