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Kfc – (Strong Sales) Fremont, Ne

$1,988,000

707 East 23rd Street, Fremont, NE 68025

Active
Last Updated: 03/03/2026

5.65

Cap Rate

112,350

NOI

Details:
Cap Rate:    5.65%
NOI:    $112,350
Building Size:    2,617 sqft
Lot Area:    0.85 acres
Occupancy:    100%
Lease Type:    Absolute Net
Year Built:    2020
Zoning:    C
Tenancy:    Single
Lease Expire Year:    10/01/2041
Highlights:
  • LONG-TERM ABSOLUTE NNN LEASE: Over 15 years on Absolute NNN lease with attractive 7.00% rental escalations every 5 years with two 5-year options to renew
  • OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,100 locations across 4 brands in 32 states. Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations (+20% of KFC locations in the U.S. system) with anticipated sales in excess of $1 billion in 2026 (FQSR, LLC is the tenant on the lease, encompasses all KFC restaurant locations)
  • SEASONED LOCATION: Successfully open & operating for decades with an attractive 9.63% Rent-to- Sales ratio (YE 2025)!
  • TRAFFIC COUNTS: Well-positioned on an ±0.85-acre lot with excellent visibility/access on E 23rd St (main east/west thoroughfare) with traffic counts of 21,409 CPD!
  • 2025 DEMOGRAPHICS: Total Population (5MI): 31,709 | Average Household Income (1MI): $91,451
Description:

KFC has Over 15 years on Absolute NNN lease with attractive 7.00% rental escalations every 5 years with two 5-year options to renew. The Parent Company of KBP Foods operates ±1,100 locations across 4 brands in 32 states. Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations (+20% of KFC locations in the U.S. system) with anticipated sales in excess of $1 billion in 2026 (FQSR, LLC is the tenant on the lease, encompasses all KFC restaurant locations). KFC is Successfully open & operating for decades with an attractive 9.63% Rent-to- Sales ratio (YE 2025)!

The Asset is Well-positioned on an ±0.85-acre lot with excellent visibility/access on E 23rd St (main east/west thoroughfare) with traffic counts of 21,409 CPD! Major retailers in Fremont include Walmart, Menards, Tractor Supply, Hobby Lobby, Dunham’s Sports, Maurices, Shoe Sensation, Staples, Sally Beauty, Hy-Vee, ALDI, Baker’s, Bomgaars, Ace Hardware, Harbor Freight Tools, Dollar Tree, Dollar General, Goodwill, AutoZone, O’Reilly Auto Parts, Advance Auto Parts, Walgreens. It is 1 mile from Midland University - a private liberal arts college offering various degree programs serving nearly 1,700; Adjacent to from Methodist Fremont - a general medical & surgical hospital with 75 licensed beds (55 acute care & 20 behavioral health beds) serving the people living in Dodge & surrounding counties.

Map:
Documents:
Title
kfc.fremont_PKG.pdf
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Location
Gallery