Port Orange, FL - KFC
$2,510,000
1035 Dunlawton Ave, Port Orange, FL 32127
6.09
Cap Rate
152,953
NOI
Details:
Description:
• The tenant KFC, currently has 17+ years remaining on their initial lease with 3 (5-Year) options to extend, demonstrating their commitment to the site
• The lease features 1.50% annual increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation
• There are over 32,000 KFC restaurants in 150 countries and territories around the world
• The operator, Tasty Restaurant Group, manges 400+ units nationwide across multiple QSR brands (KFC, Burger King, Pizza Hut, Dunkin’, and Taco Bell)
• Tasty Restaurant Group has over 140+ KFC units across 10 different states
• Strategically positioned at the hard corner intersection of Dunlawton Ave and N Swallow Tail Dr which combine for more than 55,500 vehicles per day
• National tenants in the immediate trade area such as Publix, Walmart, Target, Lowe’s, The Home Depot, Wawa, Culver’s, Chili’s, and more
• Subject is less than 2 miles away from Interstate 95 which averages more than 95,500 vehicles per day
• The Pavilion at Port Orange ranks in the top 82nd percentile nationwide for community shopping centers with tenants such as Marshalls, Texas Road House, Michaels, Olive Garden, Regal Movie Theater, Five Below, and others according to Placer.ai
• FDOT is advancing an approximately $4.92 million intersection and turn lane improvement project along Dunlawton Avenue, with construction anticipated to begin in late 2026 or early 2027. The improvements are expected to enhance traffic flow and accessibility along Port Orange’s primary commercial corridor
Location
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