Off Market NNN – KFC Sunrise, FL

• Price: US $ 2,370,000
• Property Type: Free standing                    
• Occupancy: 100%
• CAP: 5.7 %
• Building Area: approx. 2,028 SF = 188 m²
• Lot:  approx.  37,897 SF = 3,521 m²
• NOI: US 135,000
• Annual Expenses: Tenant responsible for all expenses including property tax, insurance and maintenance
• Contract Terms: 15
• Increases: 10% every five years
• Extensions: (3) five-year option
• Guarantor: Franchisee operates 32 very strong Miami-Dade and Broward County KFC and Taco Bell restaurant Location.
• Location: Densely Populated Fort Lauderdale suburb with 135,463 resident within 3-miles.  Near interception of Nob Hill Rd and Oakland Park Blvd +/-77,500  vehicles daily per Florida department of transportation.
• Next door to Wallaby Elementary school with 798 students