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Restaurant

Kentucky Fried Chicken NNN Lease

901 N 6th St, Blytheville, AR 72315

Listing Price: $1,437,864

Cap Rate
5.15%
Tenant Name
KFC
Years Remaining On Lease
14.1
Gross SF
3,067
Guarantor
Franchisee Guarantee
Rentable SF
3,067
Price/Gross SF
$468.82
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.14

Investment Overview

Marcus & Millichap is pleased to present for sale this KFC
Fast Food Restaurant located in Blytheville, Arkansas. At
closing, the tenant will sign a 15 Year Absolute NNN Lease
with 7.5 percent increases in rent every five years. This 3,067
SF KFC is situated on a large .98 acre parcel situated next
to Blytheville High School and down the street from a Kroger
Grocer. This property is also a minutes away from Nucor Steel,
a major employer in Blytheville employing over 922 Employees.
Retailers in the immediate area include Verizon, Walgreens,
Cricket Wireless, Kruger and Tractor Supply Company.
Blytheville is the largest city in Mississippi County Arkansas
with a population of 15,620. It is located 60 miles North of
Memphis.
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
  • 10 Minutes from Arkansas International Airport
  • Great River Medical Center is 8 Minutes Away With 99 Beds Serving the Community
  • Located Few Minutes from NUCOR STEEL employing over 922 Employees
  • KFC is considered an Essential Tenant

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s) AR: PB00066390

    Arkansas

Restaurant

Kentucky Fried Chicken NNN Lease

Listing Price: $1,437,864

Cap Rate
5.15%
Tenant Name
KFC
Years Remaining On Lease
14.1
Gross SF
3,067
Guarantor
Franchisee Guarantee
Rentable SF
3,067
Price/Gross SF
$468.82
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.14

Investment Highlights

  • KFC Absolute NNN 15 Year Lease
  • 7.5% Increases Every 5 Years in the Base Term and Options
  • 10 Minutes from Arkansas International Airport
  • Great River Medical Center is 8 Minutes Away With 99 Beds Serving the Community
  • Located Few Minutes from NUCOR STEEL employing over 922 Employees
  • KFC is considered an Essential Tenant

Investment Overview

Marcus & Millichap is pleased to present for sale this KFC
Fast Food Restaurant located in Blytheville, Arkansas. At
closing, the tenant will sign a 15 Year Absolute NNN Lease
with 7.5 percent increases in rent every five years. This 3,067
SF KFC is situated on a large .98 acre parcel situated next
to Blytheville High School and down the street from a Kroger
Grocer. This property is also a minutes away from Nucor Steel,
a major employer in Blytheville employing over 922 Employees.
Retailers in the immediate area include Verizon, Walgreens,
Cricket Wireless, Kruger and Tractor Supply Company.
Blytheville is the largest city in Mississippi County Arkansas
with a population of 15,620. It is located 60 miles North of
Memphis.
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

    (901) 486-4376

    License(s): AR: PB00066390

    Arkansas

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