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1 Thurmont Blvd
Thurmont, MD 21788

KFC/Taco Bell: New 20 Year Absolute NNN Lse · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,117 SF
Building Class
B
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.59 AC
Zoning
GB
Parking
30 Spaces (9.62 Spaces per 1,000 SF Leased)
Frontage
193 FT on Thurmont Blvd

Amenities

  • Signalized Intersection
  • Drive Thru

About 1 Thurmont Blvd , Thurmont, MD 21788

KFC/Taco Bell has a brand new 20-year Absolute NNN lease with attractive 7% rental escalations every 5 years with two 5-year renewal options. The tenant, KBP Foods is the largest KFC franchisee in the US operating 700+ locations in 23 states and will generate sales in excess of $800 million in 2019. This high-volume store has been successfully open and operating for decades with an attractive 7.70% rent-to-sales ratio and is slated for remodel in 2019 – showing the tenants commitment to the location. KFC/Taco bell is located in Thurmont, Maryland just off Catocin Mountain Highway on a hard corner with excellent drive-by visibility. Nearby retailers include: Food Lion, Weis Markets, Ace Hardware, Dollar General, Advance Auto Parts, Goodwill, CVS Pharmacy, etc. The subject location is just 7 miles from Mt. St. Mary’s University (enrollment of 2,131), and 13 miles from Frederick Community College (enrollment of 6,000). *In Association with Maryland Local Broker: Brian Brockman, Bang Realty Inc, #678573

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-348070
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,929,633
  • Listing ID: 16561661

  • Date on Market: 7/9/2019

  • Last Updated:

  • Address: 1 Thurmont Blvd, Thurmont, MD 21788

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