KFC - Net Lease Property for Sale
Allen Park, MI
Key Investment Metrics
Price
$1,252,174
Cap Rate
5.8%
Net Operating Income
$72,000
Building Size
2234 SF
Lot Size
2,234 SF
Land Area
0.26 Acres
Remaining Term
19 years
Lease Expiration
12/30/2044
Lease Term
20 years
Lease Commencement
12/31/2023
Lease Type
Absolute NNN
Year Built
1974
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
About This KFC Net Lease Property
This KFC NNN (triple net lease) property is located in Allen Park, MI and represents an excellent investment opportunity for commercial real estate investors. The property features 2234 square feet of building space and was built in 1974.
With a cap rate of 5.8%, this KFC net lease property offers stable income potential. The asking price is $1,252,174, making it an attractive option for 1031 exchange investors seeking quality KFC commercial properties.
Why Invest in KFC NNN Properties?
- Stable Income: KFC net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: KFC is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Allen Park, MI Market Overview
Located in Allen Park, MI, this KFC property benefits from strong local demographics and market fundamentals. The Allen Park area offers excellent visibility and accessibility, making it an ideal location for KFC operations and a solid investment for net lease property buyers.