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KFC
1790 IN-135, Corydon, IN 47112, USA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,800 SF KFC Absolute Triple Net Asset Located at 1790 IN-135, Corydon, IN. This Deal Includes an Absolute Triple Net Lease With Zero Landlord Responsibilities, Providing For a Secured Investment.
- Absolute Triple Net Lease With 5+ Years Remaining
- ~5% Rent Increase to $90,000 on February 1, 2028
- Located in the Louisville, KY MSA
- Outparceled to Kroger Anchored Shopping Center With Over 15k Vehicles Per Day
- Franchisee is a Family Business and Single Unit KFC Operator That Has Been Operating at His Location for 20+Years
- Nearby Tenants Include: Kroger Anchored Shopping Center, Tractor Supply, Chase Bank, Advance Auto Parts, McDonald’s, and Enterprise Rent-A-Car
In Cooperation With Sands Investment Group Indiana, LLC – Lic. #RC52000211BoR: Andrew Ackerman – Lic. IN #RB20001918
KFC
1790 IN-135, Corydon, IN 47112, USA
KFC
KFC is a global chicken restaurant brand with a rich, decades-long history of success and innovation. It all started with one cook, Colonel Harland Sanders, who created the Original Recipe more than 90 years ago, a list of 11 secret herbs and spices scratched out on the back of the door to his kitchen. Today, while honoring our heritage, we remain committed to modernizing the colonel’s vision by serving feel-good food, at scale, through inclusive, equitable, and sustainable business practices. We continue to follow his formula for success, with real cooks breading and freshly preparing our delicious chicken by hand in more than 30,000 restaurants in 150 countries and territories around the world. KFC is a subsidiary of Yum! Brands, Inc. (NYSE: YUM)
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Price
$1,218,914
Cap Rate
7.00%
PREMISES
2,800 SF
RENEWAL OPTIONS
3 x 5 Year Options
Lease Expiration
07/31/2030
Lease Type
Absolute NNN
RENTAL INCREASES
~5% Increase on Feb 1, 2028 $500 Increase at Options
BROKERS
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To receive access to this OM, please review and sign our confidentiality agreement:
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
By filling in your information and submitting this form, you are accepting the terms of this agreement.