Just Closed! Kentucky Fried Chicken in Dubuque, Iowa

Just Closed! Kentucky Fried Chicken in Dubuque, Iowa

Investment Highlights:

■ KFC Absolute NNN 10-Year Lease with 7.5% Increases Every
5 Years in the Base Term and Options
■ Fast Food Restaurant with Drive Thru located at a Signalized
Intersection
■ Nearby Mines of Spain State Recreational Area with
1,432-Acres of Wildlife and trails
■ Dubuque is the Main Commercial, Educational, Industrial and
Center for this Mississippi Area
■ Dubuque is ranked as the 22nd Fastest Growing Economy in
the United States.
■ KFC is considered an Essential Tenant

Investment Overview:

Marcus & Millichap is pleased to present for sale this KFC
Fast Food Restaurant located in Dubuque, Iowa. At closing,
the tenant will sign a 10-Year Absolute NNN Lease with 7.5
percent increases in rent every five years. This property is
located in the popular Midwest tourist city of Dubuque and
is four minutes from The National Mississippi River Museum
and Aquarium which hosts over 175,000 visitors per year.
Also nearby is Dubuque Arboretum and Botanical gardens with
56-Acres and 13,000 plants and sees thousands of visitors
each year. Another popular tourist site near this property is
Mathias Han House, a 19th Century Mansion with over 11,000
visitors each year. Retailers in the immediate area include
Verizon, Walmart Super Center and Cricket Wireless.
Dubuque is an Iowa City on the Mississippi River and lies at
the junction of Iowa, Illinois and Wisconsin. The population
exceeds 57,882.
KFC, also known as Kentucky Fried Chicken, is an American
fast food restaurant chain headquartered in Louisville,
Kentucky, that specializes in fried chicken. It is the world’s
second-largest restaurant chain (as measured by sales) after
McDonald’s, with 22,621 locations globally in 136 countries as
of December 2019. The chain is a subsidiary of Yum! Brands,
a restaurant company that also owns the Pizza Hut, Taco Bell,
and WingStreet chains.

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