229 Highway 61
Hannibal, MO 63401

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 operating 720+ locations in 23 states and will generate sales in excess of $800 million in 2019.This asset has been successfully open and operating for decades with an attractive 8.04% rent to sales ratio and is slated for remodel by yearend 2020 – showing the tenants commitment to the location. KFC is located in Hannibal, Missouri on a large 1.46 acre lot on the main north/south thoroughfare with excellent drive-by visibility. Nearby retailers include: Walmart Supercenter, Lowe’s Home Improvement, ALDI, Save-A-Lot, Dollar General, Dollar Tree, Tractor Supply Co., Farm & Home Supply, Do It Best, Maurices, Big Lots, JCPenney, Goodwill, Goody’s, Sally Beauty, Shoe Sensation, Dunham’s Sports, Hibbett Sports, Rent-A-Center, AutoZone, O’Reilly Auto Parts, Advance Auto Parts, Walgreens, Boost Mobile, Anytime Fitness, B&B Theatres, etc. The subject location is less than 2 miles from Hannibal-LaGrange University (enrollment of 706) and less than 3 miles from Hannibal Regional Hospital (99 beds). *In Association with Missouri Local Broker: Bryan King, King Realty Advisors #2008036027