KFC
Retail | 2,890 SF
Marketing description
NNN Pro is pleased to present the exclusive listing for a KFC located at 43 Walters Place, House Springs, MO 63051. The site consists of roughly 2,890 rentable square feet of building space on an estimated 0.7-acre parcel of land. This KFC is subject to a 20-year Triple Net (NNN) lease, which commenced 2/1/2017. The current annual rent is $69,198 and has scheduled increases of 1.25% Annually.
The location is no longer operating and rent continues to be paid. Lease is in full force and effect.
Investment highlights
Strong Rental Increases | 1.25% Annual Rental Increases
Attractive Real Estate Fundamentals | Positioned In Dense Retail Corridor Consisting of Many Local and National Tenants, Including McDonald's, Taco Bell, Hardee's, Dollar General, Walgreens, AutoZone, Captain D's, O'Reily Auto Parts, Jiffy Lube, Price Chopper, and Many More
Strong Franchise Guarantor | Ampex Brands of St. Louis Operates Over 400 Different Sites
The location is no longer operating and rent continues to be paid. Lease is in full force and effect.
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