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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
23936482
28290129

1817 W Thatcher Blvd, Safford, AZ 85546

GV
Single Net Properties
Listed by Single Net Properties
$1,555,000
357 days on market
Updated 22 days ago

A Single Tenant KFC NNN Investment Property

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,128
Cap Rate 6.25%
NOI $97,200
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 04/11/2038
Remaining Term 11.8
Lease Options 4 five year options
Broker Co-Op Yes
Year Built 1976
Year Renovated 2018/2019
Buildings 1
Stories 1
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 04/12/2018

Retail | 6.25% CAP | 3,128 SqFt

Marketing description

NEW PRICING!! For almost 50 years (since 1976), KFC has been successfully operating at the subject location.

They demonstrated their re-commitment to the location in 2019 by entering a new 20-year lease.

KFC invested money to “re-fresh” the building further demonstrating their commitment to the

property. The building is approximately 3,128 square feet improved with a drive through window/

lane and situated on approximately 28,136 square feet of land. The property is conveniently located

on Thatcher Boulevard (Highway 70 E) which is the main thoroughfare through Safford, Arizona.

It’s ideally located near all the other fast-food operators, including McDonalds, Carl’s Jr., Arby’s,

Jack-in-the-Box, Burger King, Taco Bell and a newly built Starbucks. Directly behind the KFC is a

Wal-Mart Super Centre and a Home Depot Center. Additionally, less than two blocks away is a

Safeway anchored neighborhood shopping center which includes an O’Reilly Auto Parts and a host

of other regional and local retailers. The property enjoys excellent visibility on Thatcher Boulevard

and is less than 1 mile from Safford High School. It offers excellent ingress/egress and access for its

KFC customers. This is a proven location with almost 50 years of success. Absolute NNN lease with zero landlord responsibilities.

Listing Contacts

GV
Single Net Properties
Listed by Single Net Properties

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$97,200.00
$8,100.00/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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