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Restaurant

KFC

220 S Jeffers St, North Platte, NE 69101

Listing Price: $1,750,000

Cap Rate
6.00%
Tenant Name
Argonaut Food Partners
Years Remaining On Lease
15.7
Guarantor
Franchisee Guarantee
Rentable SF
4,354
Lease Type
Absolute Net
Rent Per Square Feet
$24.12

Investment Overview

The subject property is located at 220 South Jeffers Street in North Platte NE which is west of Omaha NE along heavily traveled Interstate 80. This investment is an absolute NNN 15 Year Lease with one of the largest KFC Franchisees in the Nation who has the honors of being 2023 KFC Franchisee of the Year. 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 term.

Investment Highlights

  • 2023 KFC Franchisee of the Year - New 15 Year Absolute NNN Lease
  • 5.75% Rent vs Sales Ratio - Strong Sales Location - Been operating since 1967
  • 125+ Store Franchisee Guarantee

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) NE: 20200223

    Nebraska

Listing Price: $1,750,000

Cap Rate
6.00%
Tenant Name
Argonaut Food Partners
Years Remaining On Lease
15.7
Guarantor
Franchisee Guarantee
Rentable SF
4,354
Lease Type
Absolute Net
Rent Per Square Feet
$24.12

Investment Highlights

  • 2023 KFC Franchisee of the Year - New 15 Year Absolute NNN Lease
  • 5.75% Rent vs Sales Ratio - Strong Sales Location - Been operating since 1967
  • 125+ Store Franchisee Guarantee

Investment Overview

The subject property is located at 220 South Jeffers Street in North Platte NE which is west of Omaha NE along heavily traveled Interstate 80. This investment is an absolute NNN 15 Year Lease with one of the largest KFC Franchisees in the Nation who has the honors of being 2023 KFC Franchisee of the Year. 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 term.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): NE: 20200223

    Nebraska

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