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KFC - Henderson, KY | 1.5% Annual Increases 2236 US Highway 41 N 2,925 SF Retail Building Henderson, KY 42420 $2,603,391 CAD ($890.05 CAD/SF) 6.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Strong 80-Unit Corporate Guarantee From Tasty Chick'n, LLC: A Subsidiary of Tasty Restaurant Group (TRG)
- Rent Increases & Options: The Lease Features 1.5% Annual Rental Increases Throughout the Initial Term, and in the Option Periods
- Proximity to Major Economic Drivers: The Property is Strategically Located Near Deaconess Henderson Hospital
- Brand Strength: Operating Under the Globally Recognized KFC Brand, This Location Benefits From TRG's Extensive Experience and Market Presence
- Strategic Henderson, KY Location: Located on Hwy 41 N. This KFC Benefits From High Visibility and Significant Traffic
- Robust Retail Environment: The Location is Part of a Well-Established Commercial Corridor, Surrounded By National and Regional Retailers
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the 2,925 SF KFC located at 2236 Hwy 41 N in Henderson, KY. This property features 19 years remaining on an absolute triple net (NNN) lease — offering zero landlord responsibilities — with 1.5% annual rent increases. Positioned along Hwy 41 N with over 40,000 VPD, the site benefits from strong demographics in a growing market, providing for a secure and long-term investment backed by a leading national QSR brand.
In Cooperation With ParaSell, Inc., A Licensed Kentucky Broker - Lic. #260997 BoR: Scott Reid - Lic. KY #260934
In Cooperation With ParaSell, Inc., A Licensed Kentucky Broker - Lic. #260997 BoR: Scott Reid - Lic. KY #260934
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,925 SF
Building Class
B
Year Built
1984
Price
$2,603,391 CAD
Price Per SF
$890.05 CAD
Cap Rate
6.15%
NOI
$160,105 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.50 AC
Zoning
COMMERCIAL - Commercial
Parking
26 Spaces (8.89 Spaces per 1,000 SF Leased)
Frontage
95’ on U.S. 41
AMENITIES
- Restaurant
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Tasty Chick'n LLC
- Accommodation and Food Services
- 2,925 SF
- $54.73 CAD
- Triple Net
- Sep 2044
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Tasty Chick'n LLC | Accommodation and Food Services | 2,925 SF | $54.73 CAD | Triple Net | Sep 2044 |
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 65B-50 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $569,194 CAD |
PROPERTY TAXES
Parcel Number
65B-50
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$569,194 CAD
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KFC - Henderson, KY | 1.5% Annual Increases | 2236 US Highway 41 N
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