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812 Cecil Ave
Delano, CA 93215
Retail Property For Sale
Investment Highlights
- STRONG Performing Sales Location/Healthy Rent vs Sales Ratio (5.15%)
- 145+ Franchisee Lease Guarantee - KFC Franchisee of the Year Award Winner
- NEW 15 year Absolute NNN Lease
Executive Summary
The subject property is located at 812 Cecil Avenue in Delano CA. This KFC is a 3,007 square foot freestanding drive-thru building on a 0.49 acre parcel. This investment
is a new 15 year absolute triple net lease starting at the close of escrow operated/guaranteed by an experienced 145+ Store KFC Growth Approved Franchisee. There are 8%
increases every 5 years in primary term and continues in the (4) 5-year options to renew beyond primary lease term.
is a new 15 year absolute triple net lease starting at the close of escrow operated/guaranteed by an experienced 145+ Store KFC Growth Approved Franchisee. There are 8%
increases every 5 years in primary term and continues in the (4) 5-year options to renew beyond primary lease term.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,007 SF
Building Class
C
Year Built/Renovated
1984/2020
Price
$2,774,749 CAD
Price Per SF
$922.76 CAD
Cap Rate
5.25%
NOI
$145,684 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.49 AC
Zoning
C1
Property Taxes
| Parcel Number | 037-180-28-00-3 | Improvements Assessment | $613,725 CAD |
| Land Assessment | $642,789 CAD | Total Assessment | $1,256,515 CAD |
Property Taxes
Parcel Number
037-180-28-00-3
Land Assessment
$642,789 CAD
Improvements Assessment
$613,725 CAD
Total Assessment
$1,256,515 CAD
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