KFC

INVESTMENT HIGHLIGHTS

• Low Price Point Portfolio – Rare opportunity to acquire two strong performing KFC locations in the Pittsburgh MSA, with both locations operating at attractive rent to sales ratios (contact agent)
• Absolute NNN Leases – The current leases are Absolute NNN, which means the tenant is responsible for taxes, insurance, CAM, and maintenance making this investment completely passive
• ±7.5 Years Remaining – Approximately 7.5 years remain on the base terms, followed by one, 5-Year option and one, 4-Year 11 month option to extend, demonstrating the tenants long term commitment to the sites
• Attractive Rental Increases – The leases are subject to 10% rental increases every 5 years, providing a hedge against inflation. The next rental increase being 1/1/2027, providing a 7.15% return on the initial purchase price
• Strong Operator – 68-Unit Franchisee Guarantee from Morgan Foods, Inc, a subsidiary of Ampex Brands (400+ Units)
• Strategic Locations – Subject properties benefit from excellent frontage and strategic placement on easily accessible roadways, both locations seeing over 10,000+ VPD. 
• Pittsburgh MSA – The Pittsburgh MSA has a population of over 2.4 million people and ranks as the 27th largest MSA in the nation. Pittsburgh is a dynamic MSA known for its thriving economy, prestigious universities, and passionate sports culture.