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KFC Long John Silver’s 6440 E State Road 64 E

2,960 SF Retail Building Bradenton, FL 34208 $1,960,000 ($662/SF) 5.25% Cap Rate

Executive Summary

• Absolute NNN Lease – zero maintenance or Landlord responsibilities
• Strong Reported Sales - low rent-to-sales ratio (contact Broker for details)
• Full Corporate Guarantee (FQSR, LLC dba KBP Foods) – the largest KFC franchisee in the US with over 832 locations across 28 states
• KBP is ranked #4 on the Franchise Times Restaurant 200 list with$1.34 billion in sales for 2023
• Robust Demographics– more than 134,000 residents within 5 miles Strong Income Area – Average Household Income is over $116,000
in 3-mile radius
• Signalized Hard Corner – situated along East State Road 64, a major east-west retail and commuter thoroughfare, just west of I-75
• High Traffic Area – average daily traffic volume of 59,000 on East State Road 64 and 133,000 on I-75
• Across East State Road 64 from a Walmart Supercenter and ½ mile east of Home Depot
• Just 1 Mile from the new Marketplace at Heritage Harbour - Costco-anchored development under construction with over 500,000 SF
of planned retail space
• Just 1 Mile from Lakewood Ranch - one of the largest and fastest-growing master-planned communities in the U.S”

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,960 SF
Building Class
C
Year Built/Renovated
2004/2018
Price
$1,960,000
Price Per SF
$662
Cap Rate
5.25%
NOI
$102,900
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Land Acres
0.82 AC
Zoning
GC: General Commercial - General Commercial District
Parking
23 Spaces (7.77 Spaces per 1,000 SF Leased)
Frontage
200 FT on E State Road 64

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11106-0005-9
Land Assessment
$474,572
Improvements Assessment
$605,903
Total Assessment
$1,080,475
  • Listing ID: 33382237

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: 6440 E State Road 64 E, Bradenton, FL 34208

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