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KFC 222 W 8th Ave 2,480 SF Retail Building Homestead, PA 15120 $1,488,322 CAD ($600.13 CAD/SF) 6.60% Cap Rate



INVESTMENT HIGHLIGHTS
- Attractive Rent Growth – A contractually scheduled 10% rent increase takes effect in Jan 2027, with additional 10% rent bumps at each option period
- Below-Market, Easily Replaceable Rent – Current rent is well below prevailing market levels, enhancing long-term durability of income
- Absolute NNN Lease Structure – The property is governed by a true absolute NNN lease, requiring no landlord responsibilities
- Strong, Nationally Diversified Operator – The property is leased to Ampex Brands, a large multi-concept franchise operating 175+ KFC locations
- Prime Greater Pittsburgh Location – Situated roughly 15 minutes from Downtown Pittsburgh and less than 0.5 miles from The Waterfront
EXECUTIVE SUMMARY
Broker of Record
Kyle Matthews
License # RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,480 SF
Building Class
B
Year Built
1984
Price
$1,488,322 CAD
Price Per SF
$600.13 CAD
Cap Rate
6.60%
NOI
$98,229 CAD
Tenancy
Single
Building Height
1 Story
Parking
15 Spaces (6.05 Spaces per 1,000 SF Leased)
Frontage
88’ on W 8th Ave
AMENITIES
- Bus Line
- Pylon Sign
- Drive Thru
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0131-A-00127-0000-00 | Improvements Assessment | $369,641 CAD |
| Land Assessment | $323,590 CAD | Total Assessment | $693,231 CAD |
PROPERTY TAXES
Parcel Number
0131-A-00127-0000-00
Land Assessment
$323,590 CAD
Improvements Assessment
$369,641 CAD
Total Assessment
$693,231 CAD
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KFC | 222 W 8th Ave
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