Tenant: KFC – East 47th Street
Premises: 2236 SF
Renewal Options: 4 x 5 Year
Lease Expiration: 2/28/29
Lease Type: Absolute NNN
Rental Increases: 10% Every 5 Years & At Options
KFC Corporation, based in Louisville, Kentucky, is one of the few brands in America that can boast a rich, decades-long history of success and innovation. It all started with one cook who created a soon-to-be world-famous recipe more than 70 years ago, a list of secret herbs and spices scratched out on the back of the door to his kitchen.
That cook was Colonel Harland Sanders, of course, and now KFC is the world’s most popular chicken restaurant chain, specializing in that same Original Recipe® along with Extra Crispy™ chicken, home-style sides and buttermilk biscuits.
There are more than 19,950 KFC outlets in 115 countries and territories around the world. And you know what? There’s still a cook in a kitchen in every last one of them, freshly preparing delicious, complete family meals at affordable prices.
Operated by Northwest Restaurants, Inc. who manages 12 KFC restaurants in the Kansas area. Northwest Restaurants is owned by the Chief Financial Officer of Treadwell Foods, Inc. which owns and operates nearly 100 restaurants in 11 states.