Stockbridge, GA - KFC
$1,181,000
955 Eagles Landing Parkway, Stockbridge, GA 30281
6.25
Cap Rate
73,810
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.
• The lease is backed by FQSR, LLC a subsidary of KBP Foods that has over 840 units in this entity
• Over 7 years remaining on the base term with 2 (5-year) option periods to extend the lease
• The tenant is currently paying far below market rent in Stockbridge leaving opportunity for rental increases in the future
• The subject property is located in the heart of the retail corridor on Eagles Landing Parkway (38,100 VPD) adjacent to a Publix anchored center with other tenants like Chase Bank, Tropical Smoothie Cafe, PNC Bank, and other nearby tenants like Jersey Mikes, Take 5 Car Wash, Outback Steakhouse, Chick-fil-a, Waffle House, Wendy’s, Walgreens and more.
• In immediate proximity to major health care establishments like Henry Medical Center (259 Beds), Piedmont Physicians Neurosurgery, Med South Primary Care, and more.
• The subject property is signalized and on a hard corner which offers great visibility to I-75 boasting over 153,000 VPD
Location

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