Carrollton, KY - KFC

Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, KFC investment property located in Carrollton, Kentucky. The tenant, KFC signed a 20 year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 7.50% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

The subject property is strategically located along KY-227 with nearby access to Interstate 71, which sees approximately 39,400 VPD, while State Highway 227 carries approximately 13,900 VPD. The asset benefits from strong visibility and accessibility within a key retail and commercial corridor serving Carrollton and the surrounding region. The Property is surrounded by a strong mix of national and regional retailers, restaurants, hotels, and service-oriented tenants including McDonald’s, Wendy’s, Arby’s, Taco Bell, Waffle House, Kroger, Walmart Supercenter, Tractor Supply Co., Dollar Tree, NAPA, O’Reilly Auto Parts, Papa John’s, Family Dollar, BP, Hampton Inn, Holiday Inn Express, Quality Inn, and Red Roof Inn, which further drive consumer traffic to the immediate area. Additionally, the property benefits from its location between Louisville and Cincinnati, providing strong regional connectivity and accessibility. The 5-mile trade area is supported by an estimated population of 8,605, an average household income of $83,256, and approximately 4,180 employees.

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Listing ID: a28TP000002WjQfYAK