Listed by Sands Investment Group Los Angeles, Sands Investment Group
$2,660,055
KFC - Port Orange, FL
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,846
Cap Rate 5.75%
NOI $152,953
Occupancy 100%
Tenancy Single
Brand/Tenant KFC
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 05/15/2044
Remaining Term 18
Rent Bumps Yes
Lease Options 3 x 5 Year Options
Price per SqFt $935
Year Built 1987
Buildings 1
Investment Type Net Lease
Lease Commencement 05/16/2024
Strong 140-Unit Corporate Guarantee | 50K+ VPD | Prime Real Estate
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 2,846 SF KFC located at 1035 Dunlawton Avenue in Port Orange, FL. This deal includes an 18+ year Absolute Triple Net (NNN) Lease, 1.5% annual increases, and a strong 140+ unit guarantee, providing a secure investment.
Investment highlights
18+ YEAR ABSOLUTE NNN | SCHEDULED RENT INCREASES & OPTIONS | EXPERIENCED OPERATOR:
- Strong 140+ Unit Guarantee: A premier franchise operator managing over 400 restaurants across top-tier brands, including KFC, Pizza Hut, Burger King, Dunkin’, and Taco Bell. TRG is an affiliate of Triton Pacific Capital Partners.
- Brand Strength: Operating under the globally recognized KFC brand, this location benefits from TRG’s extensive experience and market presence. With 140+ KFC locations under their management, the combined strength of Tasty Restaurant Group and KFC provides strong stability, making this an attractive and secure investment.
- Rent Increases and Options: The lease features 1.5% annual rental increases throughout the initial term and during the option periods, steadily increasing NOI and hedging against inflation.
PRIME FLORIDA REAL ESTATE | SURROUNDED BY MAJOR ECONOMIC DRIVERS:
- Strategic Port Orange Location: Located at 1035 Dunlawton Ave, positioned along a major commercial corridor close to I-95 and major office parks, providing solid daily traffic and visibility.
- Robust Retail Synergy: Situated near national brands such as Walmart, Walgreens, Starbucks, Shell, and regional favorites, driving significant cross-shopping traffic.
- Proven Tenant Stability: Long-term operation under TRG’s management and a corporate-backed lease structure make this location a proven, low-risk net lease investment.
- Robust Retail Environment: Situated near national brands such as Walmart, Walgreens, Starbucks, Shell, and regional favorites, driving significant cross-shopping traffic.Strong Local Demographics: The Port Orange area boasts a population of over 60,000 residents within a three-mile radius, with an average household income of approximately $79,000. These strong demographics support sustained demand and long-term stability for the tenant.
STRONG DEMOGRAPHICS | AFFLUENT PROPULATION | PROVEN MARKET PERFORMANCE
- Strong Local Demographics: The Port Orange area boasts a population of over 60,000 residents within a three-mile radius, with an average household income of approximately $79,000. These strong demographics support sustained demand and long-term stability for the tenant.
- Established Success and Community Presence: This KFC location has become a trusted and recognized establishment within the Port Orange community. The strong sales performance and long-standing presence make this property a proven and secure investment.
Listing Contacts
Listed by Sands Investment Group Los Angeles, Sands Investment Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$152,953.00
$12,746.08/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
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