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2224 Woodville Rd
Oregon, OH 43616
KFC · Retail Property For Sale
Investment Highlights
- Placer.ai Reports Store Sales are over $1.3 - $1.4 Million Indicating a 7.5% Rent to Sales Ratio
- Proactive Early Extension | Signed Five Years Ahead of Expiration - KBP extended the lease in October 2024, well before the December 2029
- True Absolute NNN Lease | Zero Landlord Responsibilities - Tenant is responsible for taxes, CAM, insurance, roof, and structure
- Operated by KBP Brands | KFC's Largest U.S. Franchisee - Lease is with FQSR, LLC, the operating entity for KBP Brands, KFC's largest franchisee
- Approximately 10.5 Years of Remaining Term - Long-dated, secured income running through December 2036
- Scheduled Rental Increases Beginning January 2031 - Rent steps up 1% each January throughout the extended term, growing to $107,436 by the final lease
Executive Summary
Placer.ai Reports Store Sales are over $1.3 - $1.4 Million Indicating a 7.5% Rent to Sales Ratio
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,088 SF
Building Class
B
Year Built/Renovated
1996/2007
Price
$2,074,559 CAD
Price Per SF
$993.56 CAD
Cap Rate
6.75%
NOI
$140,033 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.76 AC
Zoning
C-2 - General Commercial Zone is intended to permit a wide range of retail and commercial services
Parking
42 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
137’ on Woodville Rd
Amenities
- Freeway Visibility
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 44-33004 | Improvements Assessment | $193,259 CAD |
| Land Assessment | $107,187 CAD | Total Assessment | $300,446 CAD |
Property Taxes
Parcel Number
44-33004
Land Assessment
$107,187 CAD
Improvements Assessment
$193,259 CAD
Total Assessment
$300,446 CAD
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