3115 Kimball Ave, Waterloo, IA 50702
Marcus & Millichap is pleased to present the exclusive listing for a KFC located at 3115 Kimball Ave in Waterloo, Iowa. The site consists of roughly 2,905 rentable square feet of building space on estimated .64-acre parcel of land. This KFC is subject to a 20-year absolute triple-net (NNN) lease, which commenced November 15th, 2016. The current annual rent is $89,517 and is scheduled to increase by one and one-half percent (1.50%) annually and through each of the two (2), ten (10)-year renewal options.
License(s): IA: B63379000
Iowa
Marcus & Millichap is pleased to present the exclusive listing for a KFC located at 3115 Kimball Ave in Waterloo, Iowa. The site consists of roughly 2,905 rentable square feet of building space on estimated .64-acre parcel of land. This KFC is subject to a 20-year absolute triple-net (NNN) lease, which commenced November 15th, 2016. The current annual rent is $89,517 and is scheduled to increase by one and one-half percent (1.50%) annually and through each of the two (2), ten (10)-year renewal options.
License(s): IA: B63379000
Iowa