Skip to main content

Restaurant

KFC - Las Vegas MSA

1540 NV-372, Pahrump, NV 89048

Listing Price: $2,400,000

Cap Rate
5.00%
Tenant Name
Argonaut Food Partners LLC
Years Remaining On Lease
13.8
Gross SF
2,546
Guarantor
Franchisee Guarantee
Rentable SF
2,546
Price/Gross SF
$942.66
Lease Type
Absolute Net
Rent Per Square Feet
$47.13

Investment Overview

The subject property is located at 1540 NV-372 in Pahrump, Nevada. This KFC is a 2,546 square foot freestanding drive-thru building on a 0.63 acre parcel. This investment is a new 15 year absolute triple net lease with an experienced 117 store KFC Growth Approved Franchisee with eight percent increases every five years and four five-year options to renew beyond primary lease term.

Investment Highlights

  • New 15 Year Absolute NNN Lease - Four Five-Year Renewal Options
  • 117 Store KFC Franchisee Lease Guarantor
  • Income Tax Free State - Eight Percent Rent Vs. Sales Ratio
  • Ranked #9 Nevada KFC Restaurant Visit

Exclusively Listed By

Restaurant

KFC - Las Vegas MSA

Listing Price: $2,400,000

Cap Rate
5.00%
Tenant Name
Argonaut Food Partners LLC
Years Remaining On Lease
13.8
Gross SF
2,546
Guarantor
Franchisee Guarantee
Rentable SF
2,546
Price/Gross SF
$942.66
Lease Type
Absolute Net
Rent Per Square Feet
$47.13

Investment Highlights

  • New 15 Year Absolute NNN Lease - Four Five-Year Renewal Options
  • 117 Store KFC Franchisee Lease Guarantor
  • Income Tax Free State - Eight Percent Rent Vs. Sales Ratio
  • Ranked #9 Nevada KFC Restaurant Visit

Investment Overview

The subject property is located at 1540 NV-372 in Pahrump, Nevada. This KFC is a 2,546 square foot freestanding drive-thru building on a 0.63 acre parcel. This investment is a new 15 year absolute triple net lease with an experienced 117 store KFC Growth Approved Franchisee with eight percent increases every five years and four five-year options to renew beyond primary lease term.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower