KFC for Sale in Sand Springs, OK
Sand Springs, OK
Key Investment Metrics
Price
$954,062
Cap Rate
6.0%
Net Operating Income
$57,244
Building Size
3498 SF
Remaining Term
7 years
Lease Expiration
06/30/2033
Lease Term
15 years
Lease Commencement
06/08/2018
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
1979
Occupancy
100%
Tenancy
Single
Rent Increases
7.5% Every 5 Years
AI illustration · Not the listed propertyProperty overview
KFC in Sand Springs
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 3,498 SF
- Year built
- 1979
- Lease type
- Absolute NNN
- Lease expiration
- 06/30/2033
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.