Restaurant
KFC Ground Lease | Absolute NNN
6908 Dixie Hwy, Louisville, KY 40258
Listing Price: $1,140,472
Investment Overview
Approximately Five and a Half Years Remaining on Corporately Guaranteed Absolute Triple Net Ground Lease - No Landlord Responsibilities | One Five-Year Option to Renew | Tenant Exercised its First Option Early in 2025, Showing Commitment to Site
Multi-Unit, Multi-State Franchisee Operator
Excellent Inflation Hedge: 3 Percent Annual Rental Increases and During Extension Term
Priced Well Below Replacement Cost: Low Price Point Restaurant with High Intrinsic Real Estate Value Due to Underlying Land and Landowner’s Reversion Rights for Updated Building
Incredible Traffic Exposure: Located on Dixie Highway in a Dense Retail Corridor with Nearly 57,000 Vehicles per Day
Site Offers Multiple Points of Ingress/Egress Allowing for Efficient Traffic Flow
Surrounded by National Tenants Including Panera Bread, Starbucks, Chick fil-A, Walmart, Home Depot, Lowe’s, McDonald’s, Qdoba, Hobby Lobby, Toyota, Chevrolet, Hyundai, Among Many Others
KFC is the Second-Largest Fast Food Restaurant Chain Globally Measured by Sales, Behind Only McDonald’s | KFC is the Largest Fried Chicken Chain in the World with Over 30,000 Locations Worldwide
KFC is Owned by Yum! Brands (NYSE: YUM), Which Operates Over 55,000 Restaurants in 155 Countries | Yum! Brands’ 2025 Revenue was $8.21 Billion, Representing a 9 Percent Increase Year-Over-Year from 2024
Investment Highlights
- Approximately 5.5 Years Remaining on Corporately Guaranteed Absolute Triple Net Ground Lease | Tenant Exercised First Option Early in 2025, Showing Commitment to Site
- One Five-Year Option | Excellent Inflation Hedge: 3 Percent Annual Rental Increases
- Located on Busy Dixie Highway Surrounded by National Tenants | Exposure to Approximately 57,00 Vehicles per Day
Exclusively Listed By
Broker of Record
-
Grant Fitzgerald
Managing Director, Market Leader- Ohio
Listing Price: $1,140,472
Investment Highlights
- Approximately 5.5 Years Remaining on Corporately Guaranteed Absolute Triple Net Ground Lease | Tenant Exercised First Option Early in 2025, Showing Commitment to Site
- One Five-Year Option | Excellent Inflation Hedge: 3 Percent Annual Rental Increases
- Located on Busy Dixie Highway Surrounded by National Tenants | Exposure to Approximately 57,00 Vehicles per Day
Investment Overview
Approximately Five and a Half Years Remaining on Corporately Guaranteed Absolute Triple Net Ground Lease - No Landlord Responsibilities | One Five-Year Option to Renew | Tenant Exercised its First Option Early in 2025, Showing Commitment to Site Multi-Unit, Multi-State Franchisee Operator Excellent Inflation Hedge: 3 Percent Annual Rental Increases and During Extension Term Priced Well Below Replacement Cost: Low Price Point Restaurant with High Intrinsic Real Estate Value Due to Underlying Land and Landowner’s Reversion Rights for Updated Building Incredible Traffic Exposure: Located on Dixie Highway in a Dense Retail Corridor with Nearly 57,000 Vehicles per Day Site Offers Multiple Points of Ingress/Egress Allowing for Efficient Traffic Flow Surrounded by National Tenants Including Panera Bread, Starbucks, Chick fil-A, Walmart, Home Depot, Lowe’s, McDonald’s, Qdoba, Hobby Lobby, Toyota, Chevrolet, Hyundai, Among Many Others KFC is the Second-Largest Fast Food Restaurant Chain Globally Measured by Sales, Behind Only McDonald’s | KFC is the Largest Fried Chicken Chain in the World with Over 30,000 Locations Worldwide KFC is Owned by Yum! Brands (NYSE: YUM), Which Operates Over 55,000 Restaurants in 155 Countries | Yum! Brands’ 2025 Revenue was $8.21 Billion, Representing a 9 Percent Increase Year-Over-Year from 2024
Exclusively Listed By
Broker of Record
-
Grant Fitzgerald
Managing Director, Market Leader- Ohio