Property History
Property Type
Property Type
Property Subtype
Investment Highlights
- Triple-Net (NNN) Investment | This KFC operates on a Triple-Net (NNN) lease with the tenant fully responsible for maintenance, insurance and taxes.
- Lease Backed by 700+ Unit Franchisee | The lease is backed by one of the largest KFC franchisees, KBP Foods. KBP Foods has been in business for over 20 years and currently operates over 700 franchised locations.
- Ample Rent Growth - 7.5% Increases Every Five Years | There are 7.5% rental increases built into the lease every five years, providing the landlord with positive rent growth and a hedge against inflation.
- Strong Tenant Commitment | The lease features an initial term of 20 years with an additional two, five-year options to extend the lease until 09/30/2048, indicating a strong commitment to the site.
- Conservative Rent to Sales Ratio | The subject property has a historical rent to sales ratio below 7%, providing the landlord with a well-grounded and sound cash flow.
- Globally Recognized Brand | KFC is a globally recognized brand with total sales over $3.1 B and 22,621 locations worldwide, continuously expanding year-over-year.
- 2019 Slated Remodel - American Showman | The property is slated to be remodeled based on KFC’s latest “American Showman” design. The revamped store design has seen major success across the brand since its inception.
- Infill Retail Corridor | National tenants within a one-mile radius of the subject property include Meijer, Menard’s, Walmart, Dollar General and numerous others.
- Proximity to Active Student Area | W.K. Kellogg Airport, located less than two miles from this KFC, serves as the home base for the College of Aviation at Western Michigan University, the third largest flight school in the U.S.
Loan History
Financial History
****** Data
Net Operating Income
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Tax History
Contact Information
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Ownership Information
Zoning
B1 CommercialGeneral CommercialCorridor Commercial
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View all 104 uses
View all 104 uses Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics
Property Details
Contacts
Listing removed on
BY:
Reed Melillo
•••.•••.1991
reed@•••••••••••••.com
Listing removed on
BY:
Nina Valtchanov
•••.•••.6966
nina@•••••••••••••••••.com
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