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Opportunity Zone
KFC NNN INVESTMENT
KFC (NNN Investment) - West Palm Beach, FL
Listing Contacts
License: FL BK3436850
Active
Asking Price: $2,526,141
Address
4720 Broadway, West Palm Beach, FL 33407
Show on MapDate Added
Jun 29, 2023
Days on Market
628 days
Time Since Last Update
6 days
Details
Property TypeRetail
SubtypeQSR/Fast Food
Investment TypeNet Lease
Lease TypeNNN
Tenant CreditFranchisee
TenancySingle
Brand/TenantKFC
Lease Term20 years
Lease Commencement07/01/2019
Lease Expiration07/01/2039
Remaining Term14.3 years
Square Footage1,776
Price/Sq Ft$1,422.38
Cap Rate5.00%
Occupancy100%
Occupancy Date07/01/2019
NOI$126,307
Year Built1966
Year Renovated2018
Buildings1
Stories1
ZoningBMUD-II
Lot Size (acres)0.339
Rent Bumps10% every 5 years
Broker Co-OpYes
Lease Options4
Ground LeaseNo
Marketing Description
KFC NNN Investment For Sale. Operated by one of the largest KFC operators in the YUM! system.
*Building was scraped and rebuilt in 2018.
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$126,307.00
$10,525.58/mo
Valuation Metrics
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0
DSCR
5%
Cap Rate
5%
ROI
Property History
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Due Diligence
Listing Contacts
- License: FL BK3436850
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Broker Information
Broker Information
Broker Name
Lindsey Meyers
Broker License
FL BK3436850
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