Restaurant
KFC & Taco Bell
707 W Victory Way, Craig, CO 81625
Listing Price: $2,087,000
Investment Overview
The subject property is located at 707 West Victory Way in Craig CO directly off Highway 40 which is 200 miles west of Denver CO , 290 miles east of Salt Lake City UT and just 40 miles west of Steamboat Springs CO. 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
Listing Price: $2,087,000
Investment Highlights
- New 15 Year Lease - 135+ Store Franchisee Lease Guarantee
- 4.25% Rent vs. Sales Ratio
- 2025 Exterior/Interior Remodel - just outside Steamboat Springs CO
Investment Overview
The subject property is located at 707 West Victory Way in Craig CO directly off Highway 40 which is 200 miles west of Denver CO , 290 miles east of Salt Lake City UT and just 40 miles west of Steamboat Springs CO. 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
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Adam Lewis
First Vice President/Regional Manager
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