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1950 S 4th Ave
Yuma, AZ 85364
KFC · Retail Property For Sale
PROPERTY FACTS
Amenities
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About 1950 S 4th Ave , Yuma, AZ 85364
Located at 1950 S 4th Avenue, this successful KFC has roughly 20 years of operating history, and 2016 annual sales more than 20% above KFC’s systemwide average. Looking at the drone video included with this offering memo, this should be no surprise. The site is well located, on a heavily trafficked thoroughfare, with over 26,000 cars per day and easy access from both sides of 4th Avenue. In fact, according to Esri data, nearly one in four people within a one-mile radius of this location reported that they have visited a KFC in the last year. The property itself is comprised of a +/- 1,734 square foot building, on a parcel of approximately 20,637 square feet. The property is currently leased to Noble Pursuit, LLC, on a 20-year absolute NNN lease, with all taxes, insurance and maintenance being the responsibility of the tenant, without exception. 10% rental increases occur every five years and at the beginning of each 5-year extension option. The property features a new parking lot and driveways, and is already scheduled for a remodel to the new KFC American Showman format. The lease is guarantied by two highly successful, proven professionals with substantial financials.
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PROPERTY TAXES
Parcel Number | 665-42-085 | Improvements Assessment | $15,306 |
Land Assessment | $22,525 | Total Assessment | $37,831 |
PROPERTY TAXES
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Listing ID: 11694181
Date on Market: 2/22/2018
Last Updated:
Address: 1950 S 4th Ave, Yuma, AZ 85364
The Retail Property at 1950 S 4th Ave, Yuma, AZ 85364 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.