Cincinnati, OH (Reading Rd) - KFC
$1,717,500
3003 Reading Rd, Cincinnati, OH
6
Cap Rate
103,034
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 13 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
• Walking distance to University of Cincinnati | 53,000 students
• The signalized subject property is located on the corner of University Ave and US-42 right off I-71
• I-71 boasts approximately 131,500 VPD, while E University Ave and US-42 see around 25,000 VPD
• Strong tenant synergy promotes crossover shopping to the subject property
Location

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