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Restaurant

KFC

1120 University Ave W, Saint Paul, MN 55104

Listing Price: $3,217,000

Cap Rate
5.75%
Tenant Name
Argonaut Minnesota Ventures Inc.
Guarantor
Franchisee Guarantee
Rentable SF
4,990
Lease Type
Absolute Net
Rent Per Square Feet
$37.07

Investment Overview

The subject property is located at 1120 University Avenue West in St. Paul MN. This new KFC is a 4,990 (including basement) square foot freestanding drive-thru building on a 0.91 acre parcel. This investment
is a 15 year absolute triple net lease starting at the close of escrow operated/guaranteed by an experienced 145+ Store KFC Growth Approved Franchisee. There are 8% increases every 5 years in primary term and continues in the (4) 5-year options to renew beyond primary lease term.

Investment Highlights

  • New 15 Year Absolute NNN Lease Commences at the Close of Escrow
  • Brand New 2026 Remodel to Newest KFC Prototype "Open House Design" - 2nd Store in USA
  • 145+ Store Franchisee Lease Guarantee

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s) MN: 40583288

    Minnesota

Listing Price: $3,217,000

Cap Rate
5.75%
Tenant Name
Argonaut Minnesota Ventures Inc.
Guarantor
Franchisee Guarantee
Rentable SF
4,990
Lease Type
Absolute Net
Rent Per Square Feet
$37.07

Investment Highlights

  • New 15 Year Absolute NNN Lease Commences at the Close of Escrow
  • Brand New 2026 Remodel to Newest KFC Prototype "Open House Design" - 2nd Store in USA
  • 145+ Store Franchisee Lease Guarantee

Investment Overview

The subject property is located at 1120 University Avenue West in St. Paul MN. This new KFC is a 4,990 (including basement) square foot freestanding drive-thru building on a 0.91 acre parcel. This investment is a 15 year absolute triple net lease starting at the close of escrow operated/guaranteed by an experienced 145+ Store KFC Growth Approved Franchisee. There are 8% increases every 5 years in primary term and continues in the (4) 5-year options to renew beyond primary lease term.

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s): MN: 40583288

    Minnesota

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