KFC 4665 Lake Rd S 2,500 SF Retail Building Brockport, NY 14420 $2,309,708 CAD ($923.88 CAD/SF) 6.07% Cap Rate

Exceptional Absolute NNN Ground Lease – Corporate KFC | Rochester (Brockport), NY
Iceberg Net Lease is pleased to present a rare opportunity to acquire a fully stabilized, corporate-guaranteed absolute NNN ground lease to KFC (KBP Foods) in the thriving college town of Brockport, New York, just 20 miles west of Rochester. The property is positioned on Brockport’s dominant retail corridor and benefits from shadow-anchoring by Wegmans and TJ Maxx, surrounded by an exceptional mix of national retailers.
The 20-year ground lease commenced May 2019 and runs through April 2039, featuring four (4) five-year renewal options with 7% rent increases every five years. The lease is guaranteed by KBP Foods, one of the largest and most respected operators in the KFC system, with 1,100+ restaurants across 35 states. KBP’s scale, credit strength, and operating performance make this a low-risk, institutionally backed tenant.
Investors benefit from true passive income with zero landlord responsibilities—including roof, structure, and all CAM obligations—under a pure absolute NNN ground lease structure.
Situated on 0.55 acres with a 2,500 SF prototype, the site offers excellent visibility along Lake Road (NYS Route 19), the primary commercial artery for Brockport. The property sits among top-performing national retailers including Walmart Supercenter, Lowe’s, ALDI, CVS, AutoZone, Tractor Supply, Verizon, and others, making this a prime outparcel location within a strong regional trade area.
The asset also benefits from proximity to major demand drivers—SUNY Brockport (8,200+ students) less than one mile away and UR Medicine – Strong West Hospital just two miles south—supporting steady daily traffic from students, faculty, healthcare employees, and residents.
This offering combines credit-backed stability, predictable income growth, and top-tier retail positioning. It is an exceptional, turnkey opportunity for investors seeking long-term durability, zero management, and secure cash flow from day one.
Situated on a 0.55-acre parcel with 2,500 SF building, the property benefits from prime visibility on Lake Road (NYS Route 19)—Brockport’s main retail corridor. It is shadow-anchored by Wegmans and T.J.Maxx and surrounded by top-tier national retailers including Walmart Supercenter, Lowe’s, ALDI, CVS, and Tractor Supply.
The site’s strategic location less than one mile from SUNY Brockport (8,200+ students) and two miles from UR Medicine – Strong West drives steady daily traffic from students, faculty, healthcare professionals, and local residents.