Restaurant

KFC | 360 UNIT OPERATOR | 7.3% RENT TO SALES

1730 Jerry Clower Blvd, Yazoo City, MS 39194

Listing Price: $1,085,000

Cap Rate
5.50%
Tenant Name
Franchise Management Investors US
Years Remaining On Lease
9.70
Gross SF
4,164
Guarantor
Franchisee Guarantee
Rentable SF
4,164
Price/Gross SF
$260.57
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.34

Investment Overview

Marcus & Millichap is pleased to offer this KFC property with an absolute net 10 year lease with 7 percent rent increases every 5 years. The tenant is current on their rent and is paying rent on time. The tenant boasts strong sales at the location with an approximately 7.3% rent to sales ratio. The franchisee is one of the largest operators in North America with over 360 locations.

KFC (the name was originally an initialism for Kentucky Fried Chicken) is a fast food restaurant chain that specializes in fried chicken and is headquartered in Louisville, Kentucky, in the United States. It is the world's second largest restaurant chain (as measured by sales) after McDonald's, with 22,621 locations globally in 150 countries as of December 2019. The company is a subsidiary of Yum! Brands, a restaurant company that also owns the Pizza Hut and Taco Bell chains.

Franchise Management Inc. (FMI) is one of the largest Pizza Hut, KFC and Taco Bell franchise operators in North America. We also operate Panera Bread cafes in Canada and are growing our Grab n Go convenience store business in Atlantic Canada. FMI Group is proud to own and operate more than 360 locations across Canada and the United States. The FMI team is over 7,000 and growing, spread across North America. We believe in serving our guests from best in class restaurants and storefronts. FMI is continually building and renovating our restaurants, cafes, and convenience stores. By reinvesting millions of dollars into our locations and local economies each year, we maintain dominant brands that grow sales. FMI brands will be relevant and ready to grow for many years to come.

Investment Highlights

  • 360 Unit Experienced Yum Operator
  • 80+ Unit Guaranty
  • Strong Sales | 7.3% Rent to Sales Ratio
  • Current and Paying Rent
  • Large 1.95 Acre Lot
  • 18,000 Vehicles per Day

Exclusively Listed By

Restaurant

KFC | 360 UNIT OPERATOR | 7.3% RENT TO SALES

Listing Price: $1,085,000

Cap Rate
5.50%
Tenant Name
Franchise Management Investors US
Years Remaining On Lease
9.70
Gross SF
4,164
Guarantor
Franchisee Guarantee
Rentable SF
4,164
Price/Gross SF
$260.57
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.34

Investment Highlights

  • 360 Unit Experienced Yum Operator
  • 80+ Unit Guaranty
  • Strong Sales | 7.3% Rent to Sales Ratio
  • Current and Paying Rent
  • Large 1.95 Acre Lot
  • 18,000 Vehicles per Day

Investment Overview

Marcus & Millichap is pleased to offer this KFC property with an absolute net 10 year lease with 7 percent rent increases every 5 years. The tenant is current on their rent and is paying rent on time. The tenant boasts strong sales at the location with an approximately 7.3% rent to sales ratio. The franchisee is one of the largest operators in North America with over 360 locations.

KFC (the name was originally an initialism for Kentucky Fried Chicken) is a fast food restaurant chain that specializes in fried chicken and is headquartered in Louisville, Kentucky, in the United States. It is the world's second largest restaurant chain (as measured by sales) after McDonald's, with 22,621 locations globally in 150 countries as of December 2019. The company is a subsidiary of Yum! Brands, a restaurant company that also owns the Pizza Hut and Taco Bell chains.

Franchise Management Inc. (FMI) is one of the largest Pizza Hut, KFC and Taco Bell franchise operators in North America. We also operate Panera Bread cafes in Canada and are growing our Grab n Go convenience store business in Atlantic Canada. FMI Group is proud to own and operate more than 360 locations across Canada and the United States. The FMI team is over 7,000 and growing, spread across North America. We believe in serving our guests from best in class restaurants and storefronts. FMI is continually building and renovating our restaurants, cafes, and convenience stores. By reinvesting millions of dollars into our locations and local economies each year, we maintain dominant brands that grow sales. FMI brands will be relevant and ready to grow for many years to come.

Exclusively Listed By

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