KFC

INVESTMENT HIGHLIGHTS

• ABSOLUTE NNN LEASE – The current lease is Absolute NNN, meaning the tenant is responsible for taxes, insurance, CAM, and maintenance making this investment completely passive.
• LONG TERM OPERATING HISTORY – This location has been in operation for 30+ years, showcasing KFC’s long-term success within the local community.
• ATTRACTIVE RENTAL INCREASES – The lease is subject to 10% rental increases every 5 years, providing a hedge against inflation.
• STRONG OPERATOR – 68-Unit Franchisee Guarantee from Morgan Foods, Inc, a subsidiary of Ampex Brands (400+ Units).
• STRATEGIC POSITIONING – Property benefits from its strategic positioning along Main St, seeing over ±15,400 VPD. This prime location enhances visibility and provides convenient accessibility.
• NEAR MULTIPLE MAJOR DEVELOPMENT PROJECTS
  -Frontier Crossing Development is a project set to bring over $2 billion in private investment, along with thousands of jobs to Weirton. This project consists of multiple planned developments.
  -The most recent project, Form Factory One, is an iron-air battery manufacturing facility spanning ±800,000 sq ft, with a scheduled completion date of late 2024.
  -Park Place development is a project spanning 72 acres that will include 32 executive style apartments, 24,000 sq ft of professional space, and several outparcel lots.