Cape Girardeau, MO - KFC

Description:

• The tenant, KFC, currently has 19 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 rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation
• There are over 30,000 KFC restaurants in 150 countries and territories around the world

• This KFC ranks in the 93rd percentile (181 out of 2,925) of all nationwide locations via Placer.ai
• The immediate trade area is supported by surrounding retailers such as Hobby Lobby, Walmart Neighborhood Market, ALDI, Harbor Freight, and more
• The Walmart Neighborhood Market ranks in the 94th percentile (40 out of 673) of all nationwide locations via Placer.ai
• The Hobby Lobby ranks in the 94th percentile (54 out of
997) of all nationwide locations via Placer.ai
• The ALDI ranks in the 82nd percentile (416 out of 2,361) of all nationwide locations via Placer.ai
• Just West of the Mississippi River and the Missouri / Illinois state line
• The surrounding residential consumer base provides an excellent, consistent flow of traffic to the site