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- LoopNet Team
1 Thurmont Blvd
Thurmont, MD 21788
KFC/Taco Bell: New 20 Year Absolute NNN Lse · Retail Property For Sale
PROPERTY FACTS
Amenities
- Signalised Intersection
- Drive Thru
About 1 Thurmont Blvd , Thurmont, MD 21788
KFC/Taco Bell has a brand new 20-year Absolute NNN lease with attractive 7% rental escalations every 5 years with two 5-year renewal options. The tenant, KBP Foods is the largest KFC franchisee in the US operating 700+ locations in 23 states and will generate sales in excess of $800 million in 2019. This high-volume store has been successfully open and operating for decades with an attractive 7.70% rent-to-sales ratio and is slated for remodel in 2019 – showing the tenants commitment to the location. KFC/Taco bell is located in Thurmont, Maryland just off Catocin Mountain Highway on a hard corner with excellent drive-by visibility. Nearby retailers include: Food Lion, Weis Markets, Ace Hardware, Dollar General, Advance Auto Parts, Goodwill, CVS Pharmacy, etc. The subject location is just 7 miles from Mt. St. Mary’s University (enrollment of 2,131), and 13 miles from Frederick Community College (enrollment of 6,000). *In Association with Maryland Local Broker: Brian Brockman, Bang Realty Inc, #678573
PROPERTY TAXES
| Parcel Number | 15-348070 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £1,511,481 |
PROPERTY TAXES
