KFC | Long Term NNN Lease with Annual Rent Increases
Show Low, AZ
Price: $1,913,000Cap Rate: 5.75%Building SF: 2,554 SFLot Size: 24,394 SFYear Built: 1985Status: Available

Investment Highlights: 

Kentucky Fried Chicken – Globally Recognized Tenant – Kentucky Fried Chicken (“KFC”), is the world’s most popular chicken restaurant chain with over 20,500 KFC outlets in more than 125 countries and territories around the world. Headquartered in Louisville, Kentucky, KFC is owned by Yum! Brands, Inc., which also owns Pizza Hut and Taco Bell and reported a company revenue of $6 billion in 2016.

#1 Franchisee-Large Operator in the KFC System in 2016  – The Franchisee is a successful KFC Operator with over 86 KFC locations in 12 states. They have been in the KFC System for over 23 years and is recognized as a Preferred Growth Partner with KFC Corporate.

Long Term Absolute NNN Lease – 1.5% Annual Rent Increases  – The 20-year lease has 19 years remaining and features 1.5% annual rent increases in the Primary term as well as throughout the (4) 5 year Option Periods. In addition, the triple-net (NNN) lease provides an investor with zero landlord responsibilities.

Located on Hard Corner Intersection Along Main Traffic Corridor – The subject property is located along White Mountain Rd/SR 260, which is the main corridor carrying travelers/commuters through Show Low to the White Mountains and beyond to Phoenix and Flagstaff and offers excellent visibility & signage to 19,000 cars per day.

Located in Show Low – One of the Fastest Growing Cities in Northern Arizona – The subject property is located in the town of Show Low, which is the largest city in the White Mountains of northeastern Arizona and one of the fastest growing cities in northern Arizona. Show Low is the business hub and marketing center of the area, and is recognized for its abundant water supply, dynamic workforce, competitive power rates and modern telecommunications infrastructure.

Proximity to White Mountains & Apache/Sitgreaves National Forest – Popular Tourism Destination – Show Low is the gateway to Arizona’s White Mountains, the Apache/Sitgreaves National Forest, and the Fort Apache Reservation. The area offers hiking and biking and is world famous for its world class hunting and fishing opportunities. Ski buffs trek to Arizona’s premier skiing destination, Sunrise Park Resort, located just 36 miles from town.


Ryan Barr

rbarr@lee-associates.com
O. 760.448.2446
F. 760.929.9977

Ryan Bennett

rbennett@lee-associates.com
O. 760.448.2449
F. 760.929.9977