Attractive Rent Growth: Features a scheduled 10% rent increase in January 2027, followed by additional 10% increases at each renewal option—boosting the effective cap rate to 6.35% starting 1/1/2027.
Strong, Nationally Diversified Operator: The property is leased to Ampex Brands, a large multi-concept franchise operating 175+ KFC locations, 75+ Pizza Huts, and 18+ YUM! Multi locations nationwide. The operator’s scale and brand diversification contribute to strong credit resilience and long-term operational stability.
Below-Market, Easily Replaceable Rent: Current rent is meaningfully below market, enhancing long-term durability and supporting strong residual value with excellent re-tenanting prospects.
Prime Location & Retail Synergy: Situated just 15 minutes from Downtown Pittsburgh and directly adjacent to a grocery-anchored shopping center, benefitting from consistent daily traffic generated by Giant Eagle, Family Dollar, and other complementary retailers.
True Absolute NNN Lease: Zero landlord responsibilities—no maintenance or operating obligations—offering a fully passive, hands-off investment structure.