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- LoopNet Team
2245 Broadway
Eureka, CA 95501
KFC · Retail Property For Sale
Investment Highlights
- New 20 Year Absolute NNN Ground Lease
- STRONG Retail Trade Area - High Volume QSR Properties
- 1.30 Acres - Proforma $2m Store Sales
- New Image KFC Construction - 1st KFC in Eureka Market
- Directly on Highway 101 - HIGH VOLUME VPD
- Preferred Growth Partner KFC Franchisee - 60+ Store Lease Guarantee
PROPERTY FACTS
About 2245 Broadway , Eureka, CA 95501
The subject property is located at 2245 Broadway Street in Eureka CA. This investment is a 1.30 acre Absolute NNN 20 Year Ground Lease with one of the largest KFC Franchisees in the Nation. In 2017, the Franchisee was selected by KFC Corporate as the #1 Operational Franchisee in the system. The Subject Property Ground Lease is guaranteed by 60+ Stores. The Lease provides for long term stability with 8% increases every 5 years and there are (8) 5 Year Renewal Options after the primary 20 year lease term.
PROPERTY TAXES
| Parcel Number | 008-011-016-000 | Improvements Assessment | $1,662,693 |
| Land Assessment | $1,359,431 | Total Assessment | $3,022,124 |
PROPERTY TAXES
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