NNN KFC - Glasgow, KY
Absolute NNN | 19 Years Remaining on Lease | 1.50% Annual Increases
Marketing description
Introducing an outstanding investment opportunity, KFC Property at 214 N. L Rogers Wells Boulevard, Glasgow, KY. This single-tenant QSR with a drive-thru boasts an Absolute NNN lease with Tasty Restaurant Group, a reputable operator with numerous locations. The property features 19 years remaining on the lease with 1.50% annual rental increases, guaranteeing a steady income stream. With a net operating income of $145,554 and a competitive cap rate of 6.00%, this property offers a solid return on investment. The 4,281 SF building sits on 0.9333 acres of land and is strategically positioned as an outparcel to a Food Lion-Anchored center, ensuring high visibility and traffic flow.
Investment highlights
18+ Years Remaining | Annual Rental Increases | Established Brand | KFC - $7.55B in Revenue (2024)
Absolute NNN Lease | Fee Simple Ownership | Land & Building | Zero Landlord Responsibilities
Outparcel to Food Lion Anchored Center | Dense Retail Corridor | Strong National/Credit Tenant Presence | T.J. Samson Hospital
Hard Corner Intersection | Excellent Visibility & Access
Local Demographics & 5 Mile Trade Area | Proximity to Nashville/Louisville
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