Restaurant
Kentucky Fried Chicken
280 NE Beacon Dr, Grants Pass, OR 97526
Listing Price: $3,455,000
Investment Overview
The subject property is located at 280 East Beacon Drive in Grants Pass OR. This KFC is a 3,254 square foot freestanding drive-thru building on a 0.95 acre parcel. This investment is an existing 17 year absolute triple net lease with 14 years remaining operated by an experienced 145 Store KFC Growth Approved Franchisee. There are 8% increases every 5 years (***next increase 10/1/2027) and (4) 5-year options to renew beyond primary lease term.
Strong Retail Trade includes: Home Depot, Wal-Mart, Fred Meyer, McDonald's, Dutch Bros Coffee, Ross Dress for Less, Joann Fabrics, Petco, TJ Maxx, Carl's Jr, Taco Bell, Pita Pit, Arby's, Grocery Outlet, Chipotle and Panda Express.
Exclusively Listed By
Broker of Record
Listing Price: $3,455,000
Investment Highlights
- 145 Store Franchisee Lease Guarantee
- STRONG Performing Sales Location
- 14 Years remaining on Absolute NNN Lease
Investment Overview
The subject property is located at 280 East Beacon Drive in Grants Pass OR. This KFC is a 3,254 square foot freestanding drive-thru building on a 0.95 acre parcel. This investment is an existing 17 year absolute triple net lease with 14 years remaining operated by an experienced 145 Store KFC Growth Approved Franchisee. There are 8% increases every 5 years (***next increase 10/1/2027) and (4) 5-year options to renew beyond primary lease term. Strong Retail Trade includes: Home Depot, Wal-Mart, Fred Meyer, McDonald's, Dutch Bros Coffee, Ross Dress for Less, Joann Fabrics, Petco, TJ Maxx, Carl's Jr, Taco Bell, Pita Pit, Arby's, Grocery Outlet, Chipotle and Panda Express.
Exclusively Listed By
Broker of Record
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