Orlando, FL (International Rd) - KFC

Description:

• The tenant will enter into a brand new 10-year sale-leaseback at COE with 2 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years during the initial term and at the beginning of each option, growing NOI and hedging inflation
• With more than 30,000 restaurants in 150 countries and territories around the world. KFC is a subsidiary of Yum! Brands, Inc. (NYSE: YUM.)

• The subject property is located along International Dr, a major retail road that averages 26,000 VPD
• The site is located just off of Interstate 4, a major thoroughfare that averages 181,500 vehicles passing by daily
• The asset is in close proximity to Orlando International Premium Outlets, a 773,000+ SF outlet mall, anchored by Nike, Adidas, H&M, and Old Navy
• Other nearby national/credit tenants include Ross, Ulta, Five Below, Burlington, Chili’s, and many more

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Listing ID: a28TP000003PmEDYA0