Listed by CBRE - Orange County
$2,122,000
KFC/Taco Bell | Windham, ME
Details
Property Type Retail
Sub Type Restaurant
Square Footage 2,011
Cap Rate 5.75%
NOI $121,980
Tenancy Single
Brand/Tenant Taco Bell, KFC
Lease Type NNN
Lease Term 20.1
Lease Expiration 07/31/2040
Remaining Term 14.2
Rent Bumps Yes
Lease Options 2 - 5 year options
Year Built 1976
Year Renovated 2019
Acreage 0.330
Parking Spaces 10 spaces
Parking Per SqFt 4.97
Lease Commencement 07/06/2020
Ground Lease No
KFC/Taco Bell | Windham, ME | 14.2 Years Remaining | 1,100 Unit Operator | Adjacent to Sebago Lake
Investment highlights
Dual-Brand Location - Over Fourteen (14.2) Years Remaining
1,100 Unit Operator - Largest KFC Franchisee in the U.S.
Triple Net (NNN) Lease - Zero Landlord Responsibilities
Affluent Demographics - $142K within 5-Mile Radius
Windham's Main Retail Corridor - Walmart Supercenter, Lowe's, Home Depot
Adjacent to Sebago Lake - 2.5 Million Visitors Annually
Listing Contacts
Listed by CBRE - Orange County
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$121,980.00
$10,165.00/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
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