200 E Kaliste Saloom Rd
Lafayette, LA 70508

KFC has a brand new 20-year Absolute NNN lease with attractive 7% rental escalations every 5 years and two 5-year renewal options. The tenant, KBP Foods, is the largest KFC franchisee in the US, open and operating 720+ locations and will generate sales in excess of $800 million. 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 rent-to-sales ratio of 6.12% (if annualized). KFC is located in Lafayette, Louisiana on a large 1.16 acre lot on Kaliste Saloom Road with great drive-by visibility. Nearby retailers include: Walmart Supercenter, Office Depot, Walgreens, Dollar Tree, AutoZone, Target, Kohl’s, Costco, Sam’s Club, Lowe’s Home Improvement, The Home Depot, Dick’s Sporting Goods, Academy Sports+Outdoors, Michaels, Hobby Lobby, etc. The subject location is just 2 miles from University of Louisiana at Lafayette (enrollment of 19,387), 3.5 miles from University Hospital & Clinics (116 beds), and 1 mile from Lafayette General Health Hospital (451 beds). In Association with Louisiana Local Broker: Brian Brockman, Bang Realty, Inc. #0995684990-ASA