Restaurant
KFC
1111 North Ave, Grand Junction, CO 81501
Listing Price: $1,864,000
Investment Overview
The subject property is located at 1111 North Avenue in Grand Junction CO directly off Interstate 70 which is 245 miles west of Denver CO and 280 miles east of Salt Lake City UT. 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 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
Financing By
Listing Price: $1,864,000
Investment Highlights
- 6.80% Rent vs. Sales - 15 Year Primary Lease Term with Options
- 135+ Store Franchisee Lease Guarantor - Store Sales well Above National AUV
- Tenant is Preferred YUM! Brands Growth Partner/2023 KFC Franchisee of the Year
Investment Overview
The subject property is located at 1111 North Avenue in Grand Junction CO directly off Interstate 70 which is 245 miles west of Denver CO and 280 miles east of Salt Lake City UT. 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 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
Financing By
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