1116 Parade St | Erie, PA 16503
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1116 Parade St
Erie, PA 16503
KFC · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long Term 20-Year NNN Lease | This KFC is subject to a 20-year NNN Lease with over 14 years remaining on the lease.
- Long Term Operating History | KFC has maintained a successful operating history at this location for 39 years
- Strong Guarantee | The lease is backed by Morgan Foods, Inc., a wellestablished franchisee with 68 units, providing a robust guarantee
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,748 SF
Building Class
B
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.74 AC
Zoning
GC - General Commercial
Frontage
2,748’ on Parade St
AMENITIES
- 24 Hour Access
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 15-020-017.0-101.00 | Improvements Assessment | $1,029,950 |
| Land Assessment | $96,300 | Total Assessment | $1,126,250 |
PROPERTY TAXES
Parcel Number
15-020-017.0-101.00
Land Assessment
$96,300
Improvements Assessment
$1,029,950
Total Assessment
$1,126,250
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