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NNN Property for Sale within 50 kilometers of Peebles, OH, USA

More details for 3826 US Highway 23, Portsmouth, OH - Retail for Sale

KFC/Taco Bell | 15+yrs Remaining Abs NNN - 3826 US Highway 23

Portsmouth, OH 45662

  • NNN Property
  • Retail for Sale
  • $3,263,537 CAD
  • 2,913 SF
  • Air Conditioning
  • Restaurant

Portsmouth Retail for Sale

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, KFC and Taco Bell investment property located in Portsmouth, Ohio. The tenant, KBP Foods, has over 15 years of term remaining with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 7% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.

Contact:

SRS National Net Lease

Property Subtype:

Fast Food

Date on Market:

2024-10-29
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