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Restaurant

KFC (25-Year Ground Lease)

3235 Wurzbach Rd, San Antonio, TX 78238

Listing Price: $1,112,000

Cap Rate
4.50%
Tenant Name
KFC
Years Remaining On Lease
23.5
Gross SF
2,512
Guarantor
Corporate Guarantee
Rentable SF
2,512
Price/Gross SF
$442.68
Lease Type
Ground Lease
Rent Per Square Feet
$19.90

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire a ground lease KFC in San Antonio, Texas. The property consists of a 2,512-square-foot, freestanding building on 0.55 acres of land. There are 23.9 years remaining on the current lease term, with 10 percent increases every 5 years.

Investment Highlights

  • Long-Term, 25-Year Ground Lease with 10 Percent Rental Escalations Every Five Years
  • Relocation Store - Attractive 2024 Construction
  • Located Off Loop 410 (Area Traffic Counts Exceed 189,907 VPD)
  • More than 356,584 Residents Within a Five-Mile Radius
  • Multi-State and Multi-Brand Operator (356 Restaurants and 8,500+ Employees)
  • Dense Infill Location Next to Ingram Park Mall (1.1 Million-SF of Retail)
  • San Antonio Ranks Third in the U.S. in Annual Population Growth
  • Surrounding Retailers Include At Home, Boot Barn, JCPenney, Macy's, Regal Cinemas, Chick-fil-A, Whataburger, Outback Steakhouse, Taco Bell, O'Reilly Auto Parts, and Many More

Exclusively Listed By

Financing By

Restaurant

KFC (25-Year Ground Lease)

Listing Price: $1,112,000

Cap Rate
4.50%
Tenant Name
KFC
Years Remaining On Lease
23.5
Gross SF
2,512
Guarantor
Corporate Guarantee
Rentable SF
2,512
Price/Gross SF
$442.68
Lease Type
Ground Lease
Rent Per Square Feet
$19.90

Investment Highlights

  • Long-Term, 25-Year Ground Lease with 10 Percent Rental Escalations Every Five Years
  • Relocation Store - Attractive 2024 Construction
  • Located Off Loop 410 (Area Traffic Counts Exceed 189,907 VPD)
  • More than 356,584 Residents Within a Five-Mile Radius
  • Multi-State and Multi-Brand Operator (356 Restaurants and 8,500+ Employees)
  • Dense Infill Location Next to Ingram Park Mall (1.1 Million-SF of Retail)
  • San Antonio Ranks Third in the U.S. in Annual Population Growth
  • Surrounding Retailers Include At Home, Boot Barn, JCPenney, Macy's, Regal Cinemas, Chick-fil-A, Whataburger, Outback Steakhouse, Taco Bell, O'Reilly Auto Parts, and Many More

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire a ground lease KFC in San Antonio, Texas. The property consists of a 2,512-square-foot, freestanding building on 0.55 acres of land. There are 23.9 years remaining on the current lease term, with 10 percent increases every 5 years.

Exclusively Listed By

Financing By

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