Close of Escrow: KFC in Wichita, KS

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

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