KFC

San Antonio, TX

San Antonio, TX

KFC

Offered for sale is the opportunity to acquire a ground lease KFC in San Antonio, Texas. The property consists of a 2,512-square-foot, freestanding building that sits on 0.55 acres of land. There are 23.9 years remaining on the current lease term, with 10% rental increases every five years.

Price $1,177,000
Cap Rate 4.25%
Building Size 2,512 sqft
Lot Size 0.55 acres
Year Built 2024
Offering Memorandum

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • Long-Term, 25-Year Ground Lease with 10 Percent Rental Escalations Every Five Years
  • Relocation Store - Attractive 2024 Construction
  • Located Off Loop 410 (Area Traffic Counts Exceed 189,907 VPD)
  • More than 356,584 Residents Within a Five-Mile Radius
  • Multi-State and Multi-Brand Operator (356) Restaurants and 8,500+ Employees)
  • Dense Infill Location Next to Ingram Park Mall (1.1 Million-SF of Retail)
  • San Antonio Ranks Third in the U.S. in Annual Population Growth
  • Surrounding Retailers Include At Home, Boot Barn, JCPenney, Macy’s, Regal Cinemas, Chick-fil-A, Whataburger, Outback Steakhouse, Taco Bell, O’Reilly Auto Parts, and Many More

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
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