KFC for Sale in Madisonville, KY
Madisonville, KY
Key Investment Metrics
Price
$1,518,933
Cap Rate
6.8%
Net Operating Income
$102,528
Building Size
6440 SF
Land Area
0.99 Acres
Remaining Term
18 years
Lease Expiration
05/15/2044
Lease Term
20 years
Lease Commencement
05/16/2024
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
1972
Occupancy
100%
Tenancy
Single
Rent Increases
1.5% Annually
AI illustration · Not the listed propertyProperty overview
KFC in Madisonville
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 6,440 SF
- Land area
- 0.99 acres
- Year built
- 1972
- Lease type
- Absolute NNN
- Lease expiration
- 05/15/2044
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.