Restaurant
KFC
1500 Hamilton Blvd, Sioux City, IA 51103
Listing Price: $2,667,000
Investment Overview
The subject property is located at 1500 Hamilton Boulevard in Sioux City IA which is 95 miles north of Omaha NE. This investment is a new Absolute NNN 15 Year Lease with one of the largest KFC Franchisees in the Nation and the 2023 KFC Franchisee of the Year. 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. Due to the high sales location, the KFC was scraped and rebuilt in 2024 to the newest KFC Image.
Broker of Record
Listing Price: $2,667,000
Investment Highlights
- 2024 Brand New Scrape/Rebuilt Building
- New 15 Year Absolute NNN Lease commences at the Close of Escrow
- High Volume Sales Location - Tenant was 2023 KFC Franchisee of the Year
Investment Overview
The subject property is located at 1500 Hamilton Boulevard in Sioux City IA which is 95 miles north of Omaha NE. This investment is a new Absolute NNN 15 Year Lease with one of the largest KFC Franchisees in the Nation and the 2023 KFC Franchisee of the Year. 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. Due to the high sales location, the KFC was scraped and rebuilt in 2024 to the newest KFC Image.
Broker of Record
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