KFC for Sale in Hammond, LA
Hammond, LA
Key Investment Metrics
Price
$1,165,000
Cap Rate
6.1%
Net Operating Income
$71,050
Building Size
3287 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
AI illustration · Not the listed propertyProperty overview
KFC in Hammond
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 3,287 SF
- Land area
- 0.88 acres
- Year built
- 1992
- Lease type
- Absolute NNN
- Lease expiration
- 10/31/2039
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.