Cincinnati, OH (Lebanon Rd) - KFC
$1,704,500
11970 Lebanon Rd, Cincinnati, OH
6.25
Cap Rate
106,525
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.
• 13 years remaining on the base term with 5 (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 across from a Gabe’s anchored center and adjacent to a Kroger anchored center offering multiple national/credit tenants nearby like CVS, McDonald’s, Advanced Auto Parts, Starbucks, Chase Bank, Burger King, Walgreens, Kroger Fuel Center, Chipotle, and more
• Located directly off I-275 which sees roughly 122,600 VPD along with Lebanon Rd boasting roughly 22,500 VPD
• Strong tenant synergy promotes crossover shopping to the subject property
Location

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