KFC 10-Year Absolute NNN Lease

600 S Thompson St, Springdale, AR 72764, USA
$1,333,333

Description

Marcus & Millichap is pleased to present for sale this Kentucky Fried Chicken restaurant located in Springdale, Arkansas. Springdale is the fourth-largest city in Arkansas with a population over 84,161. It is part of the Fayetteville- Springdale-Rogers Metropolitan Area with a population over 463,204. It is located on the Springfield Plateau deep in the Ozark Mountains. Springdale is a very important industrial city for the region as it is home to the world headquarters of Tyson Foods (the world’s largest meat producing company) and employing over 4,300 employees in Springdale alone. Springdale is known as “The Poultry Capital of the World.” In recent years Springdale has been experiencing a tremendous population boom with 133 percent growth in population between 1990 and 2010. During this growth period, the new Shiloh Museum of Ozark History was built along with the Springdale Campus of Northwest Arkansas Community College and the Northwest Arkansas Naturals Minor League Baseball Team moved into Arvest Park.
Located a few minutes from this Kentucky Fried Chicken property is Northwest Arkansas Community College with over 8,383 enrolled students. Also nearby are several apartment complexes including Eastwood Apartments with 96 Units, South Creekside Apartments with 137 Units, Glendale Apartments, Campus Crossing Apartments, The Station Apartments, Wedington Place Senior Apartments and many, many more.
Located in close vicinity to this Kentucky Fried Chicken are several Cultural Points of Interest drawing thousands of visitors each year, including The Arts Center of the Ozarks, Arvest Ballpark, Fitzgerald Station and Farmstead, Shiloh Historic District, Shiloh Museum of Ozark History, and Springdale Poultry Industry Historic District.
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.

  • Absolute NNN 10-Year Lease with 7.5% Increases Every 5 Years in the Base Term and Options
  • Kentucky Fried Chicken Restaurant Located in Springdale, Arkansas Part of Fayetteville-Springdale-Rogers Metropolitan Area With Population Over 463,204 and Fourth Largest City in Arkansas
  • Springdale Experienced 133% Population Boom From 1990 to 2010 and is Home to Tyson Foods(World’s Largest Meat Producing Company) Employing Over 4,300 in Springdale
  • Located a Few Minutes From this KFC Property is Northwest Arkansas Community College With Student Enrollment Over 8,383
  • Several Cultural Points of Interest in Close Vicinity to the Property Including The Arts Center of the Ozarks, Arvest Ballpark, Shiloh Historic District, Fitzgerald Station and Farmstead
  • Kentucky Fried Chicken is the World’s Second Largest Restaurant Chain After McDonald’s With 20,952 Locations in 123 Countries and Territories
  • KFC is considered an Essential Tenant

Property Documents

  • City: Springdale
  • State/county: Arkansas
  • Zip/Postal Code: 72764
  • Country: United States

Detail

  • Price: $1,333,333
  • Year Built: 1969

Additional details

  • CAP RATE: 5.25%
  • NOI: $70,000

Features