Fort Wayne, IN - KFC (Covington)
$1,743,000
6046 Covington Rd, Fort Wayne, IN 46804
6.75
Cap Rate
109,784
NOI
Details:
Description:
• The subject property is operated by FQSR, LLC, a subsidiary of KBP Foods, one of the largest operators in America with 1,100+ units operating other brands like Taco Bell, Sonic, KFC, and Arby’s.
• Over 10 years remaining on the base term with 5 (5-year) option periods to extend the lease.
• The site is located near major retailers including CVS, Walgreens, Starbucks, Dunkin’, IHOP, Burger King, Office Depot, Pet Supplies Plus, Five Guys, and Anytime Fitness.
• The subject property is drive-thru equipped on Getz Road (14,000+ VPD) and right off of Covington Road (10,800+ VPD)
• Just minutes from two major malls—Apple Glen Crossing and Jefferson Pointe Shopping Center—featuring numerous national tenats like Walmart, Kohl’s, Best Buy, Dick’s, Petsmart, Marshall’s, Trader Joe’s, Old Navy, and Michael’s
Location

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