KFC/Taco Bell Bonner Springs Kansas

Highlights:

• 20-Year Absolute NNN Lease with 10% Increases Every 5 Years
• 9 Years Remaining on Orginal Lease Term
• Current Income is $121,000
• KBP Operates Over 800 Restaurants in 25 States - Largest KFC Franchisee
• Rents Set at 6.9% of Sales

Description:

ACRE Investment Real Estate Services is honored to offer an exclusive listing for a KFC/Taco Bell situated at 14 North 130th Street and I-70 in Bonner Springs, Kansas. This property encompasses an estimated 1.14-acre lot with approximately 4,257 square feet of rentable building space. The lease for this KFC/Taco Bell is an absolute triple-net (NNN) lease with a 20-year term, which began on June 1, 2013, 2016. The annual rent is currently set at $121,000 and is scheduled to increase by 10% every 5 years throughout the base term and during each of the 4, 5-year renewal options.

The tenant, KBP Foods, operates over 800 restaurants in 25 states and is the largest KFC Franchisee in the country. KBP Brands has been named one of the 10 Fastest-Growing Restaurant Chains and one of the Top 100 Fastest-Growing Businesses in North America.

Nestled in the heart of Bonner Springs, the location offers a prime setting for a KFC retail investment. Boasting a strong community atmosphere, Bonner Springs provides an ideal backdrop for this iconic brand, with a welcoming environment for both locals and visitors. The area's strategic positioning along major thoroughfares ensures high visibility and accessibility, making it an attractive choice for commercial ventures. With a dynamic mix of retail and dining establishments nearby, the property presents an exciting opportunity for a KFC investor to tap into a vibrant market with a strong local customer base. This thriving locale promises a rewarding investment experience for those seeking to capitalize on the area's commercial potential.