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- LoopNet Team
1712 W State St
Fremont, OH 43420
KFC/Long John Silvers: 20 Yr Absolute NNN Lse · Retail Property For Sale
PROPERTY FACTS
- Fast Food
- General Retail Freestanding
- General Retail Restaurant
About 1712 W State St , Fremont, OH 43420
KFC/Long John Silver’s has a brand-new 20-year Absolute NNN lease with 7% rental escalations every 5 years with two 5-year renewal options. The tenant, KBP Foods is the largest KFC franchisee in the US with 687 locations in 23 states and will generate sales in excess of $780 million in 2019. This asset has been successfully open and operating for decades with an 8.0% rent-to-sales ratio and has been recently remodeled to the “American Showman” prototype in 2018. KFC/Long John Silver’s is located in Fremont, Ohio on the main east/west thoroughfare with excellent drive by visibility. Nearby retailers include: Walmart Supercenter, Lowe’s Home Improvement, Kroger, JOANN Fabrics, ALDI, Rite Aid, Walgreens, Dollar Tree, Dollar General, Family Dollar, Goodwill, Ace Hardware, Rent-A-Center, NAPA Auto Parts, Advance Auto Parts, O’Reilly Auto Parts, etc. The subject location is just 1.5 miles from ProMedica Hospital (186 beds). *In Association with Ohio Local Broker: Branen L. Weade | Weade Realtors & Auctioneers, LLC | OH License # 2010000811
Links
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $6,690 |
Land Assessment | $54,960 | Total Assessment | $61,650 |
PROPERTY TAXES
- 34-50-00-5393-00
- 34-50-00-5329-00
- 34-50-00-5390-00
Learn More About Investing in Retail Properties
Listing ID: 14794192
Date on Market: 1/7/2019
Last Updated:
Address: 1712 W State St, Fremont, OH 43420
The Retail Property at 1712 W State St, Fremont, OH 43420 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.