Sanford, FL - KFC
$3,250,000
4659 Sr 46, Sanford, FL 32711
4
Cap Rate
130,000
NOI
Details:
Description:
• The tenant, KFC Corporation, has over 13 years remaining on the lease with five (5) additional 5-year renewal options, providing long-term income security
• The lease features scheduled 10% rental increases every five years throughout the primary term and at the beginning of each option period, driving NOI growth and providing a built-in hedge against inflation
• KFC Corporation is a wholly owned subsidiary of Yum! Brands, Inc. (NYSE: YUM), one of the largest and most financially secure restaurant operators in the U.S., generating $7.55 billion in 2024 revenue
• Constructed in 2023, the property features high-quality materials and modern finishes throughout
• Positioned just steps from the signalized hard-corner intersection of FL-46 (38,500 VPD) and Town Center Blvd (13,800 VPD), with additional connectivity via nearby Interstate 4 (151,900 VPD), a key north–south corridor linking to Orlando and other major Florida markets
• The asset sits within a thriving retail corridor surrounded by national retailers and shopping centers, including Gateway Plaza, a Floor & Decor anchored center directly behind the subject property with over 1.2 million annual visits (Placer.ai)
Location

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