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33464464
33464465

223 North Morrison Blvd, Hammond, LA 70401

JS
MO 2009030132
Westwood Net Lease Advisors LLC
Listed by Westwood Net Lease Advisors LLC
$1,165,000
2 days on market
Updated 1 day ago

KFC Hammond, LA

Details
Property Type Retail
Sub Type Restaurant, QSR/Fast Food
Square Footage 3,287
Cap Rate 6.10%
NOI $71,050
Tenancy Single
Brand/Tenant KFC
Lease Type Absolute NNN
Lease Expiration 10/31/2039
Remaining Term 13.4
Rent Bumps Yes
Year Built 1992
Acreage 0.880
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 07/25/2012
Ground Lease No

KFC | 6.10% CAP | Absolute NNN | 13+ Years Remaining

Marketing description

KFC, a subsidiary of YUM! Brands, Inc., is one of the world's most popular and recognizable restaurant brands. Founded by Colonel Harland Sanders in 1930, KFC (Kentucky Fried Chicken) has grown from a small roadside restaurant in Corbin, Kentucky, to a global powerhouse with over 26,000 restaurants in more than 145 countries and territories. The brand's iconic Original Recipe chicken remains a cornerstone of its menu and a major draw for customers worldwide.

KFC's enduring appeal lies in its ability to innovate while staying true to its roots. The brand has continuously evolved by introducing new menu items and modernizing its stores to enhance the customer experience. KFC has also embraced digital transformation, investing heavily in technology for online ordering, delivery services, and mobile apps, ensuring it meets the changing needs of today's consumers.

With a strong global presence and a well-established franchise model, KFC benefits from localized management while maintaining consistent brand standards and quality. Its robust supply chain, operational efficiency, and strategic focus on international expansion have contributed to steady growth across diverse markets.

Nearby Tenants include McDonalds, Burger King, Target, Subway, Taco Bell, Chick Fil A, Raising Cane's, Albertson's, Family Dollar, Wal Mart, Sonic, Wendy's, CVS, Office Depot, Dollar Tree, Chilis, Sherwin Williams, Winn Dixie, Dominos, Pizza Hut, IHOP, Verizon, Capital One Bank, and more

Investment highlights

  • Absolute NNN Lease: NO Landlord Responsibilities
  • Strong Commitment to the Site-KFC Just Signed a New 15 Year Lease Extension Showing Their Commitment to This Location.
  • Low Price Point: At $1,167,000 This KFC is one of the Lowest Price Point KFC's available on the Market with a 15 Year Lease Term
  • High Growth Brand: KFC's Parent Company YUM! Brands had over $63.8 Billion in Sales in 2023 With Same Store Sales Growth of 8.00%.

Listing Contacts

JS
MO 2009030132
Westwood Net Lease Advisors LLC
Listed by Westwood Net Lease Advisors LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,050.00
$5,920.83/mo

Valuation Metrics

0
DSCR
6.1%
Cap Rate
6.1%
ROI

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Additional Information

Name
Brian Brockman
License
BROK.0995684990-ASA
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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