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Restaurant

KFC

16134 NW US Hwy 441, Alachua, FL 32615

Listing Price: $1,725,000

Cap Rate
4.35%
Tenant Name
D.E. Foods, LLC
Years Remaining On Lease
19.6
Guarantor
Regional Franchisee
Rentable SF
2,500
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.00

Investment Overview

Marcus & Millichap is pleased to present KFC, a rare opportunity for an investor to purchase a truly iconic brand with a proven track record of success in the submarket of Alachua, FL. KFC is the world's second largest restaurant chain as measured by sales only second to McDonald's with over 24,000 locations globally. The subject property has a built-in customer base surrounded by multiple hotels just outside of Gainesville, which is home to the University of Florida, the fifth largest single-campus university in the United States with 57,841 students enrolled during the 2020-2021 school year. The property also benefits from sightline, visibility, and exposure being ideally located just off of I-75, which sees a combined 85,000 ADT at the intersection with NW US Highway 441.

Investment Highlights

  • NNN Ground Lease
  • $79,552 Household Income Within 5 Miles
  • Recession & Ecommerce Proof
  • KFC is the world's second largest restaurant chain as measured by sales only second to McDonald's with over 24,000 locations globally.
  • There is a built in customer base surrounded by multiple hotels just outside of Gainesville, which is home to the University of Florida.
  • Ideally located just off of I-75, which sees a combined 85,000 ADT at the intersection with NW US Highway 441.

Exclusively Listed By

Listing Price: $1,725,000

Cap Rate
4.35%
Tenant Name
D.E. Foods, LLC
Years Remaining On Lease
19.6
Guarantor
Regional Franchisee
Rentable SF
2,500
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.00

Investment Highlights

  • NNN Ground Lease
  • $79,552 Household Income Within 5 Miles
  • Recession & Ecommerce Proof
  • KFC is the world's second largest restaurant chain as measured by sales only second to McDonald's with over 24,000 locations globally.
  • There is a built in customer base surrounded by multiple hotels just outside of Gainesville, which is home to the University of Florida.
  • Ideally located just off of I-75, which sees a combined 85,000 ADT at the intersection with NW US Highway 441.

Investment Overview

Marcus & Millichap is pleased to present KFC, a rare opportunity for an investor to purchase a truly iconic brand with a proven track record of success in the submarket of Alachua, FL. KFC is the world's second largest restaurant chain as measured by sales only second to McDonald's with over 24,000 locations globally. The subject property has a built-in customer base surrounded by multiple hotels just outside of Gainesville, which is home to the University of Florida, the fifth largest single-campus university in the United States with 57,841 students enrolled during the 2020-2021 school year. The property also benefits from sightline, visibility, and exposure being ideally located just off of I-75, which sees a combined 85,000 ADT at the intersection with NW US Highway 441.

Exclusively Listed By

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