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401-410 Elmira Rd
Ithaca, NY 14850

KFC - ITHACA, NY · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
  • New, High-Quality, Build-to-Suit Construction of KFC’s Newest “American Showman” Prototype in 2022
  • Excellent Visibility & Access on Elmira Rd where Traffic Counts Exceed 21,130 CPD!
  • KBP Foods (the Largest KFC Franchisee in the U.S.) Operates ±850 Locations in 27 States (20% of Locations in the U.S. System) and will Generate Sale
  • Sale Performance Since Opening is Tracking to Hit $2,000,000 in Gross Sales (8% Rent to Sales Ratio) - Well-Above the National Average!
  • 2021 DEMOGRAPHICS: Total Population (5-MI): 63,231 | Average Household Income (1-MI): $82,262

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,166 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Lot Size
10.00 AC
Zoning
Commercial
Parking
300 Spaces
Frontage
411 FT on Elmira Rd Rd

AMENITIES

  • Pylon Sign
  • Signalized Intersection

PROPERTY TAXES

  • Listing ID: 26059945

  • Date on Market: 6/30/2022

  • Last Updated:

  • Address: 401-410 Elmira Rd, Ithaca, NY 14850