NNN KFC & Long John Silver’s Bradenton FL
- Price: US $1,867,000
- Property Type: Free standing
- Occupancy: 100%
- CAP: 5.25%
- Building Area: approx. 2,960 SF =275 m²
- Lot: approx. .82 Acres = 3,440m²
- NOI: US $98,000
- Annual Expenses: 0 (Zero) NNN- Tenant responsible for all expenses including property tax, insurance and maintenance
- Contract Terms: 20 years New
- Increases: 5% every 5 year
- Extensions: 2- 5 years’ options
- Guarantor: KBP foods (the largest KFC Franchise in the US operates 611 locations in 23 states)
- Location: Successfully opened & operating since 2004 with an Attractive 8% rent to Sale ratio
- Extra: Hard Corner Location (E State RD& 54th ST CT E) with great high drive-by visibility where traffic Counts exceeds 47,000CPD