KFC - Net Lease Property for Sale
Westchester, IL
Key Investment Metrics
Price
$1,529,500
Cap Rate
6.3%
Net Operating Income
$95,586
Building Size
2456 SF
Lot Size
2,456 SF
Land Area
0.44 Acres
Remaining Term
9.8 years
Lease Expiration
09/30/2035
Lease Term
20 years
Lease Commencement
09/28/2015
Lease Type
Absolute NNN
Tenant Credit
Franchisee, Corporate Guarantee
Year Built
1994
Occupancy
100%
Tenancy
Single
Rent Increases
7% Every 5
About This KFC Net Lease Property
This KFC NNN (triple net lease) property is located in Westchester, IL and represents an excellent investment opportunity for commercial real estate investors. The property features 2456 square feet of building space and was built in 1994.
With a cap rate of 6.3%, this KFC net lease property offers stable income potential. The asking price is $1,529,500, 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.
Westchester, IL Market Overview
Located in Westchester, IL, this KFC property benefits from strong local demographics and market fundamentals. The Westchester area offers excellent visibility and accessibility, making it an ideal location for KFC operations and a solid investment for net lease property buyers.