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Restaurant

KFC

243 Overland Ave, Burley, ID 83318

Listing Price: $1,500,000

Cap Rate
6.00%
Tenant Name
Argonaut Food Partners LLC
Guarantor
Franchisee Guarantee
Rentable SF
3,055
Lease Type
Absolute Net
Rent Per Square Feet
$29.46

Investment Overview

The subject property is located just off Interstate 84 at 243 Overland Avenue in Burley ID which is 150 miles east of Boise ID and 180 miles northwest of Salt Lake City UT . This investment is an Absolute NNN 15 Year Lease with one of the largest KFC Franchisees in the Nation. The Subject Property Lease is guaranteed by 135+ 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.

Investment Highlights

  • 135+ Store Franchisee Lease Guarantee at Subject Property
  • 2025 New Remodel - Tenant is the 2023 KFC Franchisee of the Year
  • New 15 Year Absolute NNN Lease Executed at the Close of Escrow

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) ID: DB54599

    Idaho

Financing By

Listing Price: $1,500,000

Cap Rate
6.00%
Tenant Name
Argonaut Food Partners LLC
Guarantor
Franchisee Guarantee
Rentable SF
3,055
Lease Type
Absolute Net
Rent Per Square Feet
$29.46

Investment Highlights

  • 135+ Store Franchisee Lease Guarantee at Subject Property
  • 2025 New Remodel - Tenant is the 2023 KFC Franchisee of the Year
  • New 15 Year Absolute NNN Lease Executed at the Close of Escrow

Investment Overview

The subject property is located just off Interstate 84 at 243 Overland Avenue in Burley ID which is 150 miles east of Boise ID and 180 miles northwest of Salt Lake City UT . This investment is an Absolute NNN 15 Year Lease with one of the largest KFC Franchisees in the Nation. The Subject Property Lease is guaranteed by 135+ 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.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): ID: DB54599

    Idaho

Financing By

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