KFC 15-Year Absolute NNN Lease

901 N 6th St, Blytheville, AR 72315, USA
$1,437,864

Description

Marcus & Millichap is pleased to present for sale this KFC Fast Food Restaurant located in Blytheville, Arkansas. At closing, the tenant will sign a 15-Year Absolute NNN Lease with 7.5 percent increases in rent every five years. This 3,067 SF KFC is situated on a large .98-Acre parcel situated next to Blytheville High School and down the street from a Kroger Grocer. This property is also a minutes away from Nucor Steel, a major employer in Blytheville employing over 922 Employees. Retailers in the immediate area include Verizon, Walgreens, Cricket Wireless, Kruger and Tractor Supply Company.
Blytheville is the largest city in Mississippi County Arkansas with a population of 15,620. It is located 60 miles North of Memphis.
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.

  • KFC Absolute NNN 15-Year Lease with 7.5% Increases Every 5 Years in the Base Term and Options
  • 10 Minutes from Arkansas International Airport
  • Great River Medical Center is 8 Minutes Away With 99 Beds Serving the Community
  • Located Few Minutes from NUCOR STEEL employing over 922 Employees
  • KFC is considered an Essential Tenant

Property Documents

  • City: Blytheville
  • State/county: Arkansas
  • Zip/Postal Code: 73215
  • Country: United States

Detail

  • Price: $1,437,864
  • Year Built: 1996

Additional details

  • CAP RATE: 5.15%
  • NOI: $74,050

Features