NNN KFC Arcadia, FL
- Price: US $ 2,363,636
- Property Type: Free standing
- Occupancy: 100%
- CAP: 5.5%
- Building Area: 2,790 Sq. Ft approx. = 283 m²
- Lot: approx. 36,154 SF = 3359 m²
- NOI: US 130,000
- Annual Expenses: Tenant responsible for all expenses including property tax, insurance and maintenance
- Contract Terms: 20 years
- Increases: 8% every 5 years
- Extensions: four of 5 years
- Guarantor: AmFoods LLC is a successful, expanding franchisee that currently owns and operates 33 locations in south Florida. AmFoods has over 20 years’ experience as an operator.
- Location: This new KFC restaurant is situated on a Publix out parcel located on SR 70 surrounded by national tenants such as Walmart, Winn Dixie, Save-a-locks, Walgreens, McDonalds, Burger King, Wendy’s Dunkin Donuts, Chili’s as well as many others, all beneting from an average daily traffic volume of approximately 20,500 vehicles per day. Additionally, there are approximately 18,899 individuals residing in a three-mile radius and 24,522 individuals within a five-mile radius of the subject property.