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1950 S 4th Ave
Yuma, AZ 85364

KFC · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,734 SF
Building Class
B
Year Built
1983
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.47 AC
Zoning
B-2

Amenities

  • Drive Thru

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
665-42-085
Land Assessment
$22,525
Improvements Assessment
$15,306
Total Assessment
$37,831
  • Listing ID: 11694181

  • Date on Market: 2/22/2018

  • Last Updated:

  • Address: 1950 S 4th Ave, Yuma, AZ 85364

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