1400 N Martin Luther King Hwy
Lake Charles, LA 70601

KFC has a brand new 15 year Absolute NNN Lease with attractive 7% rental escalations every 5 years, and three 5-year renewal options. The tenant, KBP Foods is the largest KFC franchisee in the US, operating 700+ locations, and will generate sales in excess of $800 million in 2019. This asset has new, high quality build-to-suit construction of KFC’s newest “American Showman” prototype in 2019 and sales are currently tracking to hit an attractive 5.08% rent-to-sales ratio. KFC is located in Lake Charles, LA on a large 0.972-acre lot on the main north/south thoroughfare with excellent drive-by visibility. Nearby retailers include: Walmart Supercenter, Dollar General, Family Dollar, Cato, AutoZone, O’Reilly Auto Parts, Lowe’s Home Improvement, The Home Depot, Hobby Lobby, Ashley HomeStore, Academy Sports + Outdoors, Michaels, Old Navy, Conn’s HomePlus, PetSmart, Big Lots, Dollar Tree, Goodwill, Party City, Harbor Freight Tools, etc. The subject location is 4 miles from SOWELA Technical Community College (enrollment of 3,411), 7 miles from McNeese State University (enrollment of 7,649), and less than 5 miles from Lake Charles Memorial Hospital (314 beds). In Association with Louisiana Licensed Broker: Brian Brockman, Bang Realty, Inc. #0995684990-ASA