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Restaurant

KFC (Dark)

815 Hwy 96 S, Silsbee, TX 77656

Listing Price: $1,500,000

Cap Rate
7.10%
Tenant Name
KFC
Years Remaining On Lease
11.0
Gross SF
3,097
Guarantor
Personal Guarantee
Rentable SF
3,097
Price/Gross SF
$484.34
Lease Type
Absolute Net
Rent Per Square Feet
$34.38

Investment Overview

Silsbee is a town in Hardin County, located in southeast Texas roughly 95 miles east of Houston, Texas and 70 miles west of Lake Charles, Louisiana. Home to approximately 7,000 residents, Silsbee is part of the Beaumont-Port Arthur metropolitan area.

Emerge Inc. specializes in partnering with brands and operators to discover, uncover, and recover restaurants through a focus on people, assets, and profits. Founded in 2009, Emerge operates nearly 180 restaurants across four brands: 28 Taco Bell locations, 79 Pizza Hut locations, 53 Sonic locations, and 19 KFC locations. Emerge has over 3,100 employees across its network and produces approximately $200 million in annual revenue.

Investment Highlights

  • Ten Years Remaining on Absolute Triple-Net (NNN) Lease with KFC/Taco Bell Franchisee
  • 3,097-Square-Foot Building with a Drive-Thru on a 0.46-Acre Lot
  • Prime Redevelopment Opportunity
  • 49,550 Residents within a 10-Mile Radius in the Beaumont MSA - Households and Population Projected to Increase Approximately 5 Percent in the Surrounding Area by 2030
  • Excellent Frontage Along Highway 96 South (15,000 Plus Cars per Day), Silsbee's Primary Thoroughfare Providing a Direct Route South to Beaumont and Port Arthur
  • Surrounded by National Retailers: Walmart Supercenter, Sonic Drive-In, Walgreens, McDonald's, CVS, and More
  • Average Household Income Exceeds $95,000 within a 10-Mile Radius

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Restaurant

KFC (Dark)

Listing Price: $1,500,000

Cap Rate
7.10%
Tenant Name
KFC
Years Remaining On Lease
11.0
Gross SF
3,097
Guarantor
Personal Guarantee
Rentable SF
3,097
Price/Gross SF
$484.34
Lease Type
Absolute Net
Rent Per Square Feet
$34.38

Investment Highlights

  • Ten Years Remaining on Absolute Triple-Net (NNN) Lease with KFC/Taco Bell Franchisee
  • 3,097-Square-Foot Building with a Drive-Thru on a 0.46-Acre Lot
  • Prime Redevelopment Opportunity
  • 49,550 Residents within a 10-Mile Radius in the Beaumont MSA - Households and Population Projected to Increase Approximately 5 Percent in the Surrounding Area by 2030
  • Excellent Frontage Along Highway 96 South (15,000 Plus Cars per Day), Silsbee's Primary Thoroughfare Providing a Direct Route South to Beaumont and Port Arthur
  • Surrounded by National Retailers: Walmart Supercenter, Sonic Drive-In, Walgreens, McDonald's, CVS, and More
  • Average Household Income Exceeds $95,000 within a 10-Mile Radius

Investment Overview

Silsbee is a town in Hardin County, located in southeast Texas roughly 95 miles east of Houston, Texas and 70 miles west of Lake Charles, Louisiana. Home to approximately 7,000 residents, Silsbee is part of the Beaumont-Port Arthur metropolitan area. Emerge Inc. specializes in partnering with brands and operators to discover, uncover, and recover restaurants through a focus on people, assets, and profits. Founded in 2009, Emerge operates nearly 180 restaurants across four brands: 28 Taco Bell locations, 79 Pizza Hut locations, 53 Sonic locations, and 19 KFC locations. Emerge has over 3,100 employees across its network and produces approximately $200 million in annual revenue.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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