Single Tenant NNN KFC - ENHANCED PRICING 1817 W Thatcher Blvd 2,350 SF Retail Building Safford, AZ 85546 $1,999,463 CAD ($850.84 CAD/SF) 6.70% Cap Rate

For almost 50 years (since 1976), KFC has been successfully operating at the subject location. They demonstrated their re-commitment to the location in 2019 by entering a new 20-year lease. KFC invested money to “re-fresh” the building further demonstrating their commitment to the property. The building is approximately 3,128 square feet improved with a drive through window/lane and situated on approximately 28,136 square feet of land. The property is conveniently located on Thatcher Boulevard (Highway 70 E) which is the main thoroughfare through Safford, Arizona. It’s ideally located near all the other fast-food operators, including McDonalds, Carl’s Jr., Arby’s, Jack-in-the-Box, Burger King, Taco Bell and a newly built Starbucks. Directly behind the KFC is a Wal-Mart Super Centre and a Home Depot Center. Additionally, less than two blocks away is a Safeway anchored neighborhood shopping center which includes an O’Reilly Auto Parts and a host of other regional and local retailers. The property enjoys excellent visibility on Thatcher Boulevard and is less than 1 mile from Safford High School. It offers excellent ingress/egress and access for its KFC customers. Tenant confirmed they have 140 units backing the lease and we have annual sales for a qualified buyer!!!