Restaurant

Kentucky Fried Chicken NNN Lease

930 W Trimble Ave, Berryville, AR 72616

Listing Price: $1,132,427

Cap Rate
5.15%
Tenant Name
KFC
Years Remaining On Lease
14.8
Gross SF
3,124
Guarantor
Franchisee Guarantee
Rentable SF
3,124
Price/Gross SF
$362.49
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.67

Investment Overview

Marcus & Millichap is pleased to present for sale this KFC Fast
Food Restaurant located in Berryville, Arkansas. At closing,
the tenant will sign a 15 Year Absolute NNN Lease with 7.5
percent Increases in rent every five years. This property is
located directly in front of a Dollar Tree and next to a busy Wal
Mart Supercenter and across the street from Carroll Electric
Cooperative Corporations 38 Acre Campus. This property is
also four minutes away from Tyson Foods 275,000 Square
Foot Packing Plant. In 2017, Tyson built a $136 Million Dollar
new plant next to the existing plant and produces a variety
of partially cooked chicken products for food retailers and
restaurants and is the largest employer in the area with an
annual payroll of over $37 million. Retailers in the immediate
area include Verizon, Dollar Tree, Wal Mart, Murphy Gas and
numerous local and regional banks.
Berryville is the largest city located in Carroll County, Arkansas
with a population of 5,356. Busy Route 62 passes through
the center of the city and it is only 30 minutes from the city of
Harris and 46 minutes from the city of Rogers.
KFC, also known as Kentucky Fried Chicken, is an American
fast food restaurant chain headquartered in Louisville,
Kentucky, that specializes in fried chicken. It is the worlds
second-largest restaurant chain (as measured by sales) after
McDonalds, with 22,621 locations globally in 136 countries as
of December 2018. The chain is a subsidiary of Yum! Brands,
a restaurant company that also owns the Pizza Hut, Taco Bell,
and WingStreet chains.

Investment Highlights

  • KFC Absolute NNN 15 Year Lease
  • 7.5% Increases Every 5 Years in the Base Term and Options
  • Situated Directly in front of a Dollar Tree and next to a Wal Mart Supercenter
  • Directly Across the Street from Carroll Electric Cooperative Corporation
  • Located Four Minutes Away From Tyson Foods 275,000 Square Foot Packing Plant
  • KFC is considered an Essential Tenant

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    License(s): AR: PB00066390

    Arkansas

Restaurant

Kentucky Fried Chicken NNN Lease

Listing Price: $1,132,427

Cap Rate
5.15%
Tenant Name
KFC
Years Remaining On Lease
14.8
Gross SF
3,124
Guarantor
Franchisee Guarantee
Rentable SF
3,124
Price/Gross SF
$362.49
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.67

Investment Highlights

  • KFC Absolute NNN 15 Year Lease
  • 7.5% Increases Every 5 Years in the Base Term and Options
  • Situated Directly in front of a Dollar Tree and next to a Wal Mart Supercenter
  • Directly Across the Street from Carroll Electric Cooperative Corporation
  • Located Four Minutes Away From Tyson Foods 275,000 Square Foot Packing Plant
  • KFC is considered an Essential Tenant

Investment Overview

Marcus & Millichap is pleased to present for sale this KFC Fast
Food Restaurant located in Berryville, Arkansas. At closing,
the tenant will sign a 15 Year Absolute NNN Lease with 7.5
percent Increases in rent every five years. This property is
located directly in front of a Dollar Tree and next to a busy Wal
Mart Supercenter and across the street from Carroll Electric
Cooperative Corporations 38 Acre Campus. This property is
also four minutes away from Tyson Foods 275,000 Square
Foot Packing Plant. In 2017, Tyson built a $136 Million Dollar
new plant next to the existing plant and produces a variety
of partially cooked chicken products for food retailers and
restaurants and is the largest employer in the area with an
annual payroll of over $37 million. Retailers in the immediate
area include Verizon, Dollar Tree, Wal Mart, Murphy Gas and
numerous local and regional banks.
Berryville is the largest city located in Carroll County, Arkansas
with a population of 5,356. Busy Route 62 passes through
the center of the city and it is only 30 minutes from the city of
Harris and 46 minutes from the city of Rogers.
KFC, also known as Kentucky Fried Chicken, is an American
fast food restaurant chain headquartered in Louisville,
Kentucky, that specializes in fried chicken. It is the worlds
second-largest restaurant chain (as measured by sales) after
McDonalds, with 22,621 locations globally in 136 countries as
of December 2018. The chain is a subsidiary of Yum! Brands,
a restaurant company that also owns the Pizza Hut, Taco Bell,
and WingStreet chains.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    License(s): AR: PB00066390

    Arkansas

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