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2470 N Dr Martin Luther King Jr Dr
Milwaukee, WI 53212
KFC · Retail Property For Sale
Investment Highlights
- Attractive Investment Opportunity: Priced competitively at a 7.86% Cap Rate, this KFC provides an investor with a stable income stream
- Low Price Point Opportunity: Rare opportunity to acquire a low price point KFC Drive-Thru investment opportunity for $715,000
- Absolute Triple Net Lease (NNN): Passive investment opportunity providing a Buyer with a hands-off ownership structure
- Established Franchisee: This KFC is operated by Mitra QSR, a well-known national franchisee with 200+ KFC and Taco Bell units located in 15 states.
- Full Site Remodel in 2021: The tenant demonstrated a sign of commitment in 2021 with the full renovation, offering a “new look” for the site.
- Densely Populated Traded Area: There are ±419,782 residents within a 5-Mile Radius, allowing for a consistent consumer base.
Executive Summary
Broker of Record
Matt Fitzgerald
License # 938105-91 (WI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matt Fitzgerald
License # 938105-91 (WI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
2,596 SF
Year Built/Renovated
1990/2021
Price
$970,970 CAD
Price Per SF
$374.03 CAD
Cap Rate
7.86%
NOI
$76,318 CAD
Percent Leased
100%
Building Height
1 Story
Opportunity Zone
Yes
Property Taxes
| Parcel Number | 322-0789-100-1 | Improvements Assessment | $301,312 CAD |
| Land Assessment | $183,805 CAD | Total Assessment | $485,117 CAD |
Property Taxes
Parcel Number
322-0789-100-1
Land Assessment
$183,805 CAD
Improvements Assessment
$301,312 CAD
Total Assessment
$485,117 CAD
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