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707 E 23rd St
Fremont, NE 68025
KFC – FREMONT, NE · Retail Property For Sale

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Investment Highlights

  • LONG-TERM ABSOLUTE NNN LEASE: Over 15 years on Absolute NNN lease with attractive 7.00% rental escalations every 5 years
  • Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations (+20% of KFC locations in the U.S. system)
  • TRAFFIC COUNTS: Well-positioned on an ±0.85-acre lot with excellent visibility/access on E 23rd St (main east/west thoroughfare)
  • OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,100 locations across 4 brands in 32 states
  • SEASONED LOCATION: Successfully open & operating for decades with an attractive 9.63% Rent-to- Sales ratio (YE 2025)!
  • 2025 DEMOGRAPHICS: Total Population (5MI): 31,709 | Average Household Income (1MI): $91,451

Executive Summary

(Building & Land) Fee Simple

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,617 SF
Building Class
C
Year Built/Renovated
1993/2020
Price
$2,711,115 CAD
Price Per SF
$1,035.96 CAD
Cap Rate
5.65%
NOI
$153,178 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.85 AC
Zoning
C
Frontage
178’ on East 23rd Street

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Drive Thru
  • Monument Signage

Property Taxes

Property Taxes

Parcel Number
270044352
Land Assessment
$505,729 CAD
Improvements Assessment
$830,126 CAD
Total Assessment
$1,335,856 CAD
  • Listing ID: 39464524

  • Date on Market: 2026-02-17

  • Last Updated:

  • Address: 707 E 23rd St, Fremont, NE 68025

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