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Investment Highlights

  • Proven KFC location with long-term tenant operating history since 1999
  • 2 of 4 (5-year) options exercised, demonstrating continued tenant commitment to subject property
  • Defined timeline for potential future rent alignment to market
  • Lease recently assigned to KFC Corporate from franchisee operator (2024)
  • Signalized hard corner intersection (~70,000 VPD); outparcel to Albertsons/Crunch Fitness/Dollar Tree anchored center

Executive Summary

Lee & Associates is pleased to present a rare KFC corporate-guaranteed, 100% leased, single-tenant NNN investment opportunity located in Arlington, Texas. The property benefits from a long-term operating history dating back to 1999, and the tenant—KFC, a subsidiary of Yum! Brands—recently reaffirmed its commitment to the site by exercising the second of four 5-year renewal options as of November 1, 2024. In a strong show of confidence, KFC Corporate assumed the lease from its franchisee in 2024.
Strategically positioned as an outparcel to an Albertsons-anchored shopping center, the asset sits at the signalized intersection of South Cooper Street and West Sublett Road—two high-traffic arterial corridors with a combined traffic count of 70,000 CPD. The property enjoys excellent visibility and access, with strong co-tenancy including Dollar Tree, Crunch Fitness, Jack in the Box, and PNC Bank, driving consistent customer traffic.
This absolute NNN ground lease requires zero landlord responsibilities and offers passive, long-term income backed by a rare KFC corporate guaranty. The lease includes 10% rental increases at each option period, further enhancing income stability. With long-term operating history, KFC having exercised 2 of its 4 (5-Year) options, and a 2015 major remodel completed, this is a proven, strong-performing location.
Situated in the Dallas–Fort Worth MSA, the 4th largest metro area in the U.S., this Arlington location benefits from outstanding demographics including a 1-mile average household income of $124,516 and a dense daytime population of nearly 3,900 employees, making it a top-tier investment in a high-growth market.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,000 SF
Building Class
B
Year Built
1999
Price
$2,686,125 CAD
Price Per SF
$895.38 CAD
Cap Rate
5.37%
NOI
$144,245 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.36 AC
Zoning
F1
Frontage
327’ on S Cooper St

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Drive Thru
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

Taco Bueno
Crunch Fitness
Planet Fitness
PNC Bank
Chase Bank
Zalat Pizza
bb.q Chicken
Albertsons
First Watch
Bank of America

Property Taxes

Property Taxes

Parcel Number
42611821
Land Assessment
$454,740 CAD
Improvements Assessment
$722,020 CAD
Total Assessment
$1,176,760 CAD
  • Listing ID: 40178821

  • Date on Market: 2026-04-16

  • Last Updated:

  • Address: 5900 S Cooper St, Arlington, TX 76017

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