KFC | Mall Outlot | Direct Signalized Access
Absolute NNN KFC | Guaranteed by Large Franchise Operators
Marketing description
This absolute triple-net leased KFC has 8.5 years remaining on the lease, with 2, 5-year renewal options and scheduled 10% rent increases every five years. The lease is guaranteed by one of the nation’s largest franchise operators, with over 1,100 locations across 32 states. KFC has a strong operating history at this location, having been established here since 2011. Positioned as an outlot to SouthPark Mall, drawing 1.3 million annual visitors, the property is surrounded by a strong mix of national retailers and restaurants. The property is located in a high-traffic corridor near Interstates 74 and 280 and 1.6 miles from Quad Cities International Airport. The property also benefits from a densely populated trade area with over 52,000 residents and 51,000 daytime employees within a three-mile radius.
Investment highlights
Absolute NNN KFC with 8.5 years of term remaining
Tenant has been operating at this location since 2011 and has 8.5 years of term remaining
Backed by one of America’s largest franchise operators with 1,100+ restaurants in 32 states
Outlot to Southpark Mall | Positioned in a retail corridor
Direct Signalized access | near Interstates 74 and 280 and Quad City international airport
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