Mount Pleasant, TX - KFC
$1,428,500
1001 S. Jefferson Avenue, Mount Pleasant, TX
6.15
Cap Rate
87,849
NOI
Details:
Description:
• The subject property is operated by KBP foods one of the largest operators in America with 1,100+ units operating other brands like Taco Bell, Sonic, KFC, and Arby’s.
• Approximately 12 years remaining on the base term with 2 (5-year) option periods to extend the lease
• The lease is backed by FQSR, LLC a subsidiary of KBP Foods that has over 840 units in this entity
• The subject property is located directly adjacent to Jefferson Park Center with multiple national/credit tenants like Harbor Freight, CVS, O’Reilly Auto Parts, Taco Bell, Take 5 Oil, and more.
• Located on Jefferson Ave less than a mile from multiple shopping centers with big box tenants like Walmart, Aldi, The Home Depot, Tractor Supply Co, Hibbett Sports, Bealls, and more
• Strong tenant synergy promotes crossover shopping to the subject property
Location

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