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442 Us-80
Clinton, MS 39056
KFC · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Long Term
- Zero Management
- Strategic Location
- Attractive Rent Increase
- Strong Operator
- Economic Driver
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee simple interest in a KFC located at 442 US Highway 80 E in Clinton, Mississippi (the “Property”). KFC has been at this location since 2001 and has 4+ years remaining on their Absolute NNN Lease with four (4), 5-year renewal options. The lease calls for attractive 7% rent increases at the start of each renewal option. KFC is operated by Franchise Management Investors US, LLC, a subsidiary of Franchise Management Investors (FMI), a large KFC, Pizza Hut, Taco Bell, Burger King and Panera franchisee that operates more than 400 units. KFC is well located along US Highway 80 E, the area’s primary commercial and commuter corridor. The Property benefits from outstanding visibility and frontage and is surrounded by national and local retailers and businesses that drive traffic to the area, and numerous hotels and apartment complexes that provide a built-in customer base. The Property is 0.8 miles from Mississippi College and is convenient to several area schools, and Interstate 20, which along with US Highway 80 provide a direct route to Downtown Jackson, approximately 9 miles away.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,170 SF
Building Class
C
Year Built
2001
Price
$1,392,678 CAD
Price Per SF
$439.33 CAD
Cap Rate
8%
NOI
$111,414 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.30 AC
Frontage
84’ on Us-80 Hwy
AMENITIES
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 2861-0253-000 | Improvements Assessment | $114,194 CAD |
| Land Assessment | $51,853 CAD | Total Assessment | $166,047 CAD |
PROPERTY TAXES
Parcel Number
2861-0253-000
Land Assessment
$51,853 CAD
Improvements Assessment
$114,194 CAD
Total Assessment
$166,047 CAD
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