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