Property Details

KFC

Alexandria, Virginia
Property ID: 14909

Financial Summary

Asking Price $2,100,000
Cap Rate 5.00%
Net Operating Income (NOI) $105,000
Lease Type NNN
Lease Term Remaining 15 Years
Increases 10% Every 5 Years

Offering Memorandum

To download this Offering Memorandum, please enter your name, email and phone.
Continue

Contact

Jonathan W. Hipp
Capital Markets Head of U.S. Net Lease Group
703.787.4725
Richard Murphy, CCIM
Senior Vice President U.S. Capital Markets Net Lease Group
571.449.8234
Stanley Wyrwicz
Senior Vice President
781.856.9270

Share Property

Highlights

  • Large KFC franchisee (200+ Units)
  • New 15-year absolute NNN lease indicates continuing commitment to location
  • No landlord responsibilities
  • Drive-thru location
  • Located in excellent retail corridor
  • Highway location adjacent to I-395
  • Average HH income of $122,000

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

6227 Little River Turnpike
Alexandria, Virginia

Leigh ClineKFC