Corporate KFC | Proven DFW Location | Long-Term Operating History
5900 South Cooper Street, Arlington, TX 76017
Price: $1,950,000
Status: Under Contract
Cap Rate: 5.37%
Year Built: 1999/Remodel 2015
NOI: $104,683
Lot Size: 0.64 acres
Price Per Foot: $650
Lease Type: Absolute NNN Ground
Remaining Term: 3+
GLA: 3,000 sqft
Property Intro
Lee & Associates, in association with ParaSell, Inc., is pleased to present the opportunity to acquire a corporate-guaranteed KFC ground lease located at 5900 South Cooper Street in Arlington, Texas, within the Dallas-Fort Worth MSA. The property consists of a 3,000 square foot single-tenant retail building situated on approximately 0.64 acres and is operated under an absolute NNN ground lease structure, providing zero landlord responsibilities. Originally developed in 1999 and remodeled in 2015, the asset has demonstrated long-term operational stability and is currently leased directly to KFC Corporation following a recent assignment from a franchisee operator.
The offering is backed by a corporate guaranty from KFC Corporation, a subsidiary of Yum! Brands, one of the largest quick-service restaurant operators globally. The tenant has occupied this location for over two decades and has exercised two of its four five-year renewal options, reinforcing its long-term commitment to the site. The lease features scheduled 10% rental increases at each option period and provides passive income through an absolute NNN structure. With a current NOI of approximately $104,683 and remaining term through October 2029, the investment offers stable cash flow with future upside through contractual rent growth.
Strategically positioned at the signalized intersection of South Cooper Street and West Sublett Road, the property benefits from combined traffic counts of approximately 70,000 vehicles per day and strong visibility within a dominant retail corridor. The site is an outparcel to an Albertsons-anchored shopping center and is surrounded by national retailers including Dollar Tree, PNC Bank, and Jack in the Box, driving consistent consumer traffic. The Arlington market is a core component of the DFW metroplex, one of the fastest-growing and most dynamic regions in the United States, supported by dense population, strong household incomes, and proximity to major demand drivers such as AT&T Stadium and DFW International Airport.