Property Details

KFC

Gainesville, VA
Property ID: 14911

    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.

    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

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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

    Leigh ClineKFC