Financial Summary
| Asking Price | $3,500,000 |
| Cap Rate | 5.00% |
| Net Operating Income (NOI) | $175,000 |
| Lease Type | NNN |
| Lease Term Remaining | 15 Years |
| Increases | 10% Every 5 Years |
The Offering Memorandum for this property is no longer available.
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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
- Average HH income of $164,000
Net Lease Advisor
For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.
Location
7600 Linton Hall Road
Gainesville, VA
