Kfc – (15 Years Absolute Nnn) Willoughby, Oh

Highlights:

• 15-YEAR ABSOLUTE NNN LEASE: Over 15 years remaining on initial 20-year Absolute NNN lease with attractive 7.00% rental escalations every 5 years with two 5-year options to renew
• OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,055 locations across 4 brands in 32 states. Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations (+20% of KFC locations in the U.S. system) with anticipated sales in excess of $1.1 billion in 2025 (FQSR, LLC is the tenant on the lease, encompasses all KFC restaurant locations)
• TRAFFIC COUNTS: Positioned on a ±0.746-acre parcel, this property offers prime visibility and convenient access along US-20/Euclid Ave, the area’s primary east/west corridor, with traffic counts of 23,248 CPD!
• AFFLUENT 2025 DEMOGRAPHICS: Total Population (5MI): 123,923 | Average Household Income (1MI): $97,917

Description:

KFC has Over 15 years remaining on initial 20-year Absolute NNN lease with attractive 7.00% rental escalations every 5 years with two 5-year options to renew. The Tenant, Parent Company of KBP Foods operates ±1,055 locations across 4 brands in 32 states. Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations (+20% of KFC locations in the U.S. system) with anticipated sales in excess of $1.1 billion in 2025 (FQSR, LLC is the tenant on the lease, encompasses all KFC restaurant locations).

The Asset is Positioned on a ±0.746-acre parcel, this property offers prime visibility and convenient access along US-20/Euclid Ave, the area’s primary east/west corridor, with traffic counts of 23,248 CPD! Major retailers within 3 miles from KFC include Target, Walmart, Lowe’s, BJ’s Wholesale Club, T.J. Maxx, Gabe’s, Famous Footwear, OfficeMax, PetSmart, Ace Hardware, True Value, Harbor Freight, ALDI, Giant Eagle Supermarket, Marc’s, Dollar General, Dollar Tree, Sherwin- Williams, Savers, Regal Cinemas, Planet Fitness, Powerhouse Gym. KFC is 5.5 miles from Lakeland Community College Kirtland - a public community college offering more than 130 associate degree & certificate programs, serving 4,627 students (Fall 2025); Less than 1 mile from UH Lake West Medical Center - a full-service, 237-bed community hospital serving the healthcare needs of the residents of Willoughby & the surrounding community, providing expert care in medical & surgical specialties & features Lake County’s only Level III Trauma Center.

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