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40 Year Proven KFC - $1.229M 1116 Parade St 2,750 SF Retail Building Erie, PA 16503 $1,676,860 CAD ($609.77 CAD/SF) 6.25% Cap Rate



Investment Highlights
- Full-Service Kentucky Fried Chicken (KFC) Restaurant with drive/thru
- Zero Landlord Responsibilities
- Ranked in the Top 45% of all KFC Locations Nationally per Placer.ai
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,750 SF
Building Class
B
Year Built
1986
Price
$1,676,860 CAD
Price Per SF
$609.77 CAD
Cap Rate
6.25%
NOI
$104,799 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.73 AC
Opportunity Zone
Yes
Zoning
GC - General Commercial
Parking
42 Spaces (15.27 Spaces per 1,000 SF Leased)
Frontage
2,748’ on Parade St
Amenities
- 24 Hour Access
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
Walk Score®
Very Walkable (79)
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-020-017.0-101.00 | Improvements Assessment | $1,408,488 CAD |
| Land Assessment | $131,693 CAD | Total Assessment | $1,540,181 CAD |
Property Taxes
Parcel Number
15-020-017.0-101.00
Land Assessment
$131,693 CAD
Improvements Assessment
$1,408,488 CAD
Total Assessment
$1,540,181 CAD
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40 Year Proven KFC - $1.229M | 1116 Parade St
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