Property History
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Marketing Description
The Twist Capital Team Of Colliers Is Pleased To Offer For Sale, To Qualified Investors, The Opportunity To Acquire This High Performing KFC Location In Wake Forest, North Carolina priced below replacement cost. The Asset Presents An Excellent Investment Opportunity To Purchase A True Triple Net Asset With No Landlord Responsibilities . The Property Is Situated North Of Raleigh In Wake Forest, Part Of The Raleigh-Durham-Cary Msa And The Research Triangle Metropolitan Area. The Subject Property Is Positioned On Capital Boulevard, Also Known As Us Highway 1, A Major North-South Corridor Serving The Eastern United States.
Investment Highlights
- Priced below replacement cost
- Long-term absolute NNN lease
- Zero landlord responsibilities
- 10% rent increase in two years
- Exceptional real estate fundamentals
- World-class 185-unit Luihn VantEdge Guarantor
- 10% rent increases every 5 years
- Low rent-to-sales ratio
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Ownership Information
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