Listed by CBRE - Seattle
$1,200,000
KFC Absolute NNN Investment
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 4,990
Cap Rate 6.60%
NOI $79,700
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 09/22/2028
Rent Bumps No
Lease Options 1, five year option with a 10% rent increase
Lot Size (SqFt) 20,110
Zoning MU-DT
Investment Type Net Lease
Ground Lease No
Retail | 6.60% CAP | 4,990 SqFt
Marketing description
CBRE is pleased to present a single-tenant net leased Kentucky Fried Chicken located in Burien, Washington. This opportunity features an absolute NNN leases with no landlord responsibilities.
Investment highlights
- Single-tenant net leased Kentucky Fried Chicken
- Absolute NNN lease with no landlord responsibilities
- Two year lease term
- Lease expires September 22, 2028
- 1, five year option with a 10% rent increase
Listing Contacts
Listed by CBRE - Seattle
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$79,700.28
$6,641.69/mo
Valuation Metrics
0
DSCR
6.64%
Cap Rate
6.64%
ROI
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