Restaurant
KFC
814 N Riverside Dr, Española, NM 87532
Listing Price: $2,000,000
Investment Overview
The subject property is located at 814 North Riverside Drive in Espanola NM which is 25 miles north of Santa Fe NM. 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 130+ 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
Listing Price: $2,000,000
Investment Highlights
- New 15 Year Absolute NNN Lease signed at Close of Escrow
- 130+ Stores Guarantee the Subject Property Lease - 2023 KFC Franchisee of the Year
- Above National KFC Average Sales Volume - 6% Rent vs Sales Ratio
Investment Overview
The subject property is located at 814 North Riverside Drive in Espanola NM which is 25 miles north of Santa Fe NM. 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 130+ 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
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