Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,120 SF KFC Absolute NNN Lease Located at 3212 Leitchfield Road in Owensboro, KY. This Deal Includes a 20-Year Absolute NNN Lease, Passive Income, and an Experienced Operator and the Lease Features 1.5% Annual Rental Increases, Starting in Year 6, Throughout the Initial Term and in the Option Periods, Steadily Increasing NOI and Hedging Against Inflation, Providing For a Secured Investment.
20-Year Absolute NNN | Scheduled Rent Increases & Options | Experienced Operator:
- Strong 161-Unit Corporate Guarantee From Tasty Chick’n, LLC: A Subsidiary of Tasty Restaurant Group (TRG), a Premier Franchise Operator Managing Over 400 Restaurants Across Top-Tier Brands, Including KFC, Pizza Hut, Burger King, Dunkin’ and Taco Bell: TRG is an Affiliate of Triton Pacific Capital Partners
- Brand Strength: Operating Under the Globally Recognized KFC Brand, This Location Benefits From TRG’s Extensive Experience and Market Presence; With 161 KFC Locations Under Their Management, the Combined Strength of Tasty Restaurant Group and KFC Provides Unparalleled Stability, Making This an Attractive and Secure Investment
- Rent Increases & Options: The Lease Features 1.5% Annual Rental Increases Starting in Year 6. Throughout the Initial Term, and in the Option Periods, Steadily Increasing NOI and Hedging Against Inflation
Prime Owensboro, KY Location | Surrounded By Major Economic Drivers:
- Strategic Owensboro, KY Location: Located on Leitchfield Rd., This KFC Benefits From High Visibility and Significant Traffic. With Over 20,000 Vehicles Passing Daily; The Property is Well-Positioned in a Growing Area of Owensboro, Ensuring a Consistent Flow of Customers and Reinforcing its Value as a Dependable Investment
- Proximity to Major Economic Drivers: The Property is Strategically Located Near Owensboro Health Regional Hospital, Which Employs Over 4,300 Healthcare Professionals, Contributing to a Stable Customer Base; Additionally. The Area is Supported By Other Major Employers Like Tyson Foods, Which Has Over 1,400 Employees, Further Enhancing the Property’s Attractiveness and Ensuring Steady Business
- Robust Retail Environment: The Location is Part of a Thriving Commercial Corridor. Surrounded By National and Regional Retailers Such as Walmart, Lowe’s, and Kroger, Driving Significant Foot Traffic to the Area: This Established Retail Environment Ensures Sustained Visibility and Customer Engagement
Strong Demographics | Affluent Population | Proven Market Performance:
- Strong Local Demographics: The Owensboro Area Boasts a Population of Over 73,000 Residents Within a 5-Mile Radius. With an Average Household Income of Approximately $76,000; These Strong Demographics Support Sustained Demand and Long-Term Stability For the Tenant
- Established Success and Community Presence: This KFC Location Has Become a Trusted and Recognized Establishment Within the Owensboro Community: the Strong Sales Performance and Long- Standing Presence Make This Property a Proven and Secure Investment
In Cooperation With ParaSell, Inc. , A Licensed Kentucky Broker – Lic. #260997 BoR: Scott Reid – Lic. KY #260934
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