KFC Triple Net NNN Lease – Sold
We represented the Seller and Sold a KFC Triple NNN Lease located in Orlando Florida. This NNN Lease investment inlcuded the Corporate Guaranteed of KFC US Properties Inc. a subsidiary of Yum! Brands. The property is under a 20 Years Triple Net NNN Lease with 14.5 years remaining. Yum! Brands is a Fortune 500 Company, owner of Taco Bell, KFC, Pizza Hut & WingStreet, and the world’s largest fast food restaurant company in terms of system units more than 40,000 restaurants around the world in over 125 countries. In 2013, Yum!’s global sales totaled more than US$13 billion.
This KFC Triple Net NNN Lease is subject to 10% rent increases every five (5) years and it does allow for four (4) additional five (5) years option, with 10% rent increases. The property is Sub-Leased to Sweet Frog Frozen Yogurt, which is a rapidly growing franchise with more than 400 locations already. The Property is next to several major Restaurant and Retail Brands, such as Taco Bell, Burger King, Lady Bird Academy, McDonald’s, Wal-Mart Neighborhood, Starbucks, among others.
The Property is located in the Award Winning Master of Avalon Park in the East Orlando Area. Avalon is a booming Family Community with 3,400 Single Family Units, 1,431 Multi-Family units and more than half a million square feet of commercial space. Avalon Park has inside the community Five (5) Elementary Schools, Three (3) Pre-Schools, a Middle School and a High School. The average Household Income in Avalon Park is above $75,000 within a One Mile Radius. The current population of Avalon Park is 7,171 with the median age of 31. The community is also minutes from University of Central Florida (UCF), the second-largest university in the USA.
If you are looking to buy a NNN Investment Property, we can work with you finding and negotiating the best deal according to your investment goals and risk tolerance. We are a specialized team in Triple Net Investments properties Nationwide USA.
Why choosing us?
- We are a specialized NNN Buyers’ Broker focusing only on Net-leased assets.
- We represent you as a Buyer exclusively in the transaction, not the seller.
- Our Buyer’s Brokerage Fees are Free for the Buyer.
- We have ample access to off-the market properties
- Comprehensive knowledge of the critical aspect of a NNN Investment transaction.
- Strong and key relationships with Developers, National Brokers, Tenants & Lenders.
You can contact us at 407.205.7570 or 800.406.7640, let us be your trusted Triple Net NNN Lease Advisor.