Property Details

KFC/Taco Bell

Frederick, MD
Property ID: 14905

    Financial Summary

    Asking Price $2,800,000
    Cap Rate 5.00%
    Net Operating Income (NOI) $139,999
    Lease Type NNN
    Lease Term Remaining 15 Years
    Increases 10% Every 5 Yrs
    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

    Share Property

    Highlights

    • New absolute NNN 15-year lease term, indicates continuing commitment to location
    • Average HH income of $95,000 within 3 miles
    • Located in excellent retail corridor with drive-thru
    • Large KFC/Taco Bell franchisee (200+ units)
    • No landlord responsibilities

    Net Lease Advisor

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

    Location

    5583 Spectrum Drive
    Frederick, MD

    Traci BidingerKFC/Taco Bell