Listed by Matthews
$1,119,467
Dark KFC - Beaumont, TX
Details
Property Type Retail
Sub Type QSR/Fast Food, Grocery Store
Square Footage 2,835
Cap Rate 8.25%
NOI $92,356
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Taco Bell
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 08/02/2037
Remaining Term 11.2
Rent Bumps Yes
Price per SqFt $395
Year Built 2002
Acreage 0.850
Zoning LI
Parking Spaces 34 spaces
Parking Per SqFt 11.99
Investment Type Value Add
Lease Commencement 08/01/2017
Ground Lease No
Dark KFC | 11.3 Years Remaining | Absolute NNN
Investment highlights
- Dark KFC asset listed for $1,119,467 yielding an attractive 8.25% cap rate. The sum of future cash flow payments exceeds list price of the investment.
- Long-Term Lease with approximately 11.25 years of primary term remaining
- Built-In Rental Growth featuring two 10% rent escalations scheduled for August 2027 and August 2032
- Absolute NNN Lease Structure ensuring zero landlord responsibilities for a truly passive investment
- Personal Guaranty & 50-Unit Guaranty from franchisee, ensuring rent payments are made & on time.
- Highly Functional Dark QSR Asset offering 2,835 SF with a drive-thru component and 34 parking spaces, ideal for future backfill flexibility
- The tenant ceased operations in April 2026 and is still obligated under all terms and conditions of the lease agreement.
- Positioned on College Street with 25,800 VPD, the property is surrounded by national brands including McDonald’s, Sonic, Chick-fil-A, Starbucks, Raising Cane’s, and Jack in the Box
- Beaumont is a legacy energy market with a long-standing industrial backbone driven by oil and petrochemical activity, resulting in a consumer base with high demand for fast food concepts
- Residential construction in Southeast Texas is booming, ranking as the region’s second-fastest-growing industry, driven by industrial job gains and younger homebuyers
- Strong Daytime Population Drivers positioned near West Brook High School with 2,400 students
- Proximity to Regional Transportation just 1.8 miles from Beaumont Municipal Airport
- Located less than a mile from Beaumont Train Station, a key transit hub driving consistent foot traffic
- Robust Demographics with over 104,000 residents within a 5-mile radius and an average household income exceeding $74,000
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$92,356.00
$7,696.33/mo
Valuation Metrics
0
DSCR
8.25%
Cap Rate
8.25%
ROI
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