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278 Yost Blvd, Pittsburgh, PA, 15221

KFC
$980,517

Key Information

Cap Rate
6.35%
$ per SF
$358
Tot. SF
2,733
Lot Size
1.4 Acres
Year Built
1984
Term Remaining
±6 Yrs
Type
Retail

Highlights

  • 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.

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Location

Agents

Broker of Record

Kyle Matthews

License # RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203