KFC - Net Lease Property for Sale
Hammond, LA
Key Investment Metrics
Price
$1,165,000
Cap Rate
6.1%
Net Operating Income
$71,050
Building Size
3287 SF
Lot Size
3,287 SF
Land Area
0.88 Acres
Remaining Term
13.3 years
Lease Expiration
10/31/2039
Lease Term
27.3 years
Lease Commencement
07/25/2012
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
1992
Tenancy
Single
Rent Increases
Yes
About This KFC Net Lease Property
This KFC NNN (triple net lease) property is located in Hammond, LA and represents an excellent investment opportunity for commercial real estate investors. The property features 3287 square feet of building space and was built in 1992.
With a cap rate of 6.1%, this KFC net lease property offers stable income potential. The asking price is $1,165,000, 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.
Hammond, LA Market Overview
Located in Hammond, LA, this KFC property benefits from strong local demographics and market fundamentals. The Hammond area offers excellent visibility and accessibility, making it an ideal location for KFC operations and a solid investment for net lease property buyers.