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

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

  • 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