KFC NNN Lease Investment in Sanford, FL
Description
This KFC NNN lease investment offers a 15-year absolute NNN ground lease with a corporate guarantee, zero landlord responsibilities, and scheduled 10% rental increases every five years. Built in 2023, the property provides over 13 years remaining on the lease and options to extend, making it a stable, long-term investment.
Positioned on a signalized hard-corner in a prime retail node, the property benefits from excellent visibility and a dense, affluent trade area, ensuring strong traffic and a loyal customer base.
Investment Highlights
- 15-Year Absolute NNN Ground Lease – Zero Landlord Responsibilities
- Corporate Guarantee from KFC
- 13+ Years Remaining + Options to Extend
- 10% Rental Increases Every 5 Years
- New 2023 Construction
- Signalized Hard-Corner in Prime Retail Node
- Dense Trade Area with Affluent Demographics
Address
Overview
- Property ID 13925
- Price $3,250,000.00
- Property Type Business, Retail
- Property status Sale
- Year Built 2023
- Size 2,320 SqFt
- Sub Type QSR/Fast Food, Restaurant
- Lease Type Absolute NNN
- Tenant Credit Corporate Guarantee
- Tenancy Single
- Brand/Tenant KFC
- Lease Term 15 years
- Lease Commencement 11/10/2023
- Lease Expiration 11/10/2038
- Remaining Term 13.1 years
- Square Footage 2,320
- Cap Rate 4.00%
- Occupancy 100%
- NOI $130,000
- Zoning PD - Planned Development
- Rent Bumps 10% rental increases every 5 years
- 10% rental increases every 5 years 29-19-30-519-0000-0020
- Lease Options 5 (5-year)
- Ground Lease Yes
- Ownership Leased Fee (Land Ownership)
- Lot Size (acres) 0.99
- Parking (spaces) 14
Contact
