Listed by SRS Real Estate Partners Newport Beach
$1,821,000
KFC | Strong Sales | 9+ Yrs NNN | 800+ Unit Guarantor
Details
APN 29-11-307-011, 29-11-307-010, 29-11-307-009, 29-11-307-008, 29-11-307-007 & 29-11-307-006
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,474
Units 1
Cap Rate 7.1%
NOI $129,264
Occupancy 100%
Tenancy Single
Brand/Tenant Taco Bell, Wendy's
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 09/30/2035
Remaining Term 9.2
Rent Bumps Yes
Lease Options 2x5 Year
Broker Co-Op Yes
Year Built 1975
Buildings 1
Acreage 0.410
Zoning N/Av,Cook
Parking Spaces 22 spaces
Parking per 1,000 SqFt 8.89
Investment Type Net Lease
Tenant Credit Franchisee, Corporate Guarantee
Lease Commencement 09/28/2015
Ground Lease No
Ownership Fee Simple (Land & Building Ownership)
1,100+ Unit Operator (KBP Foods)
Investment highlights
- The subject property is operated by KBP foods one of the largest operators in America with 1,100+ units operating other brands like Taco Bell, Sonic, KFC, and Arby’s.
- Approximately 9+ years remaining on the base term with 2 (5-year) option periods to extend the lease
- The lease is backed by FQSR, LLC a subsidary of KBP Foods that has over 800 units in this entity
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$129,264.00
$10,772.00/mo
Valuation Metrics
0
DSCR
7.1%
Cap Rate
7.1%
ROI
Map
Zoning
BDLR CommercialSpecial CommercialBusiness District Limited Retail
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Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics
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