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31259778
31259777

10200 US-20, Rossford, OH 43460

JZ
AZ SA545840000, NE NE 20070698
Commercial Investment Advisors (CIA) Scottsdale
Listed by Commercial Investment Advisors (CIA) Scottsdale
$2,760,000
78 days on market
Updated 20 days ago

KFC (MEIJER PAD SITE) – ROSSFORD, OH

Details
Property Type Retail
Sub Type Bank, QSR/Fast Food (+1)
Square Footage 3,059
Net Rentable (SqFt) 3,059
Units 1
Cap Rate 7.60%
NOI $209,730
Occupancy 100%
Tenancy Single
Brand/Tenant KFC
Lease Type Absolute NNN
Lease Expiration 03/31/2036
Remaining Term 10
Rent Bumps Yes
Lease Options Four 5 year renewal options
Broker Co-Op Yes
Year Built 2009
Buildings 1
Stories 1
Acreage 1.490
Zoning C
Investment Type Net Lease
Ownership (Building & Land) Fee Simple

Retail | 7.60% CAP | 3,059 SqFt

Marketing description

KFC has Over 10 years remaining on Absolute NNN lease with rental escalations every 5 years - next 9.1% escalation 04/01/31. The Parent Company of KBP Foods operates ±1,050 locations across 4 brands in 32 states. Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations (+20% of KFC locations in the U.S. system) with anticipated sales in excess of $1 billion in 2026 (FQSR, LLC is the tenant on the lease, encompasses all KFC restaurant locations). It is a Large ±1.49-acre outparcel to Meijer, located in dominant retail corridor surrounded by national retailers including Walmart (adjacent), Lowe’s, and Kohl’s - located lot on US-20 (Rossford’s main east/west retail artery), the site benefits from exceptional visibility & access with traffic counts of 39,128 CPD!

The Asset is Outparcel to Meijer, directly across from Lowe’s, Kohl’s, Hobby Lobby, Boot Barn, Dollar Tree, OfficeMax, and Goodwill; adjacent to Walmart, Target, Gabe’s, Home Depot. T.J. Maxx, Ulta Beauty, Five Below, and Pet Supplies Plus. KFC is 6 miles from Owens Community College Perrysburg - a 2-year, public institution serving 7,423 students with a focus on affordable education, career-focused technical training & transfer opportunities; 12 miles from Mercy Health - St. Vincent Medical Center Toledo - a major teaching hospital & Level I trauma center with 445 staffed beds; 13 miles from ProMedica Toledo Hospital - a major non-profit, academic tertiary care Level I trauma center that features 794 beds, including a dedicated 169-bed ProMedica Russell J. Ebeid Children’s Hospital.

Investment highlights

  • LONG-TERM ABSOLUTE NNN LEASE: Over 10 years remaining on Absolute NNN lease with rental escalations every 5 years - next 9.1% escalation 04/01/31

  • OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,050 locations across 4 brands in 32 states. Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations (+20% of KFC locations in the U.S. system) with anticipated sales in excess of $1 billion in 2026 (FQSR, LLC is the tenant on the lease, encompasses all KFC restaurant locations)

  • DENSE RETAIL CORRIDOR | TRAFFIC COUNTS: Large ±1.49-acre outparcel to Meijer, located in dominant retail corridor surrounded by national retailers including Walmart (adjacent), Lowe’s, and Kohl’s - located lot on US-20 (Rossford’s main east/west retail artery), the site benefits from exceptional visibility & access with traffic counts of 39,128 CPD!

  • AFFLUENT 2025 DEMOGRAPHICS: Total Population (5MI): 80,449 | Average Household Income (1MI): $123,961

Listing Contacts

JZ
AZ SA545840000, NE NE 20070698
Commercial Investment Advisors (CIA) Scottsdale
Listed by Commercial Investment Advisors (CIA) Scottsdale

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$209,730.00
$17,477.50/mo

Valuation Metrics

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DSCR
7.6%
Cap Rate
7.6%
ROI

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