Close of Escrow: KFC in Wichita, KS
SIG is pleased to announce the recent Close of Escrow on KFC located in Wichita, Kansas.
Investment Highlights Include:
- 19.5 Years Remaining
- Absolute NNN Lease – No Landlord Responsibility
- 10% Rental Increases Every 5 Years
- Four 5 Year Options
- Lease Operated By Multiple-Unit Operator
- Strong Tenant – KFC is the World’s Second Largest Restaurant Chain
- Strong Retail Corridor: Nearby Retailers Include Wells Fargo, Arby’s, Dunkin Donuts, Burger King, McDonald’s, Taco Bell, Bank Of America and Starbucks
- Close Proximity to Towne West Square Mall, Which Offers Over 125 Stores, Plenty of Dining Options and a Movie Theater
- Approx. 200,000 People Within a 5 Mile Radius
Closing Price: $1,250,000
Closing CAP: 6.25%
Listing Agent: Dan Hoogesteger
For More Information Contact:
Dan Hoogesteger
Lic #01376759
310.853.1419
dan@SIGnnn.com
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