Attractive Investment Opportunity: Priced competitively at a 7.86% Cap Rate, this KFC provides an investor with a stable income stream, featuring excellent 1.50% annual rental escalations throughout the remainder of KFC’s initial lease term.
Established Franchisee: This KFC is operated by Mitra QSR, a well-known national franchisee with 200+ KFC and Taco Bell units located in 15 states.
Low Price Point Opportunity: Rare opportunity to acquire a low price point KFC Drive-Thru investment opportunity for $715,000, which is the lowest priced KFC publicly available on the market.
Full Site Remodel in 2021: The tenant demonstrated a sign of commitment in 2021 with the full renovation, offering a “new look” for the site.
Absolute Triple Net Lease (NNN): Passive investment opportunity providing a Buyer with a hands-off ownership structure (Tenant is responsible for Roof /Structure, Taxes and Insurance).
Densely Populated Traded Area: There are ±419,782 residents within a 5-Mile Radius, allowing for a consistent consumer base.
Strategic Drive-Thru Location: The Property is strategically positioned on the hard signalized corner of Dr. Martin Luther King Jr. Drive and Wright Street, a prominent North-South arterial roadway just north of Downtown Milwaukee.
National Retailers: Major national retailers located within close proximity to the Property include: Walgreens, Burger King, BMO Bank, Checkers and McDonalds, amongst many others.