71 Broadway St | Dry Ridge, KY 41035
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71 Broadway St
Dry Ridge, KY 41035
KFC|TB - DRY RIDGE, KY · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- Will Generate Sales in Excess of $1 Billion in 2023 (FQSR, LLC is the Tenant on the Lease, Encompasses All Restaurant Locations)
- Positioned on a Large ±0.99-Acre Lot with Great Access/Visibility on Broadway St. where Traffic Counts Exceed 16,230 CPD!
- KBP Foods (the Largest KFC Franchisee in the U.S.) Operates ±840 Locations in 28 States (+20% of Locations in the U.S. System)
- Successfully Open & Operating for Decades (Fully Rebuilt in 2016) with an Attractive 8.20% Rent to Sales Ratio! Slated for Remodel in 2027
- Total Population (5-MI): 12,103 | Average Household Income (3-MI): $69,819
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,903 SF
Building Class
B
Year Built
2023
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.80 AC
Zoning
C
Parking
42 Spaces (12.45 Spaces per 1,000 SF Leased)
Frontage
156 FT on Broadway Street
Amenities
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 046-00-00-037.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,176,500 |
PROPERTY TAXES
Parcel Number
046-00-00-037.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,176,500
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