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KFC 100 W Lake St

2,425 SF Retail Building Minneapolis, MN 55408 £2,110,350 (£870/SF) 6% Net Initial Yield

Investment Highlights

  • Brand New 2024 Remodel to Newest KFC Image
  • 2,100,000+ Population Density within 15 miles of Subject Property
  • 2023 KFC Franchisee of the Year - 135+ stores Guarantee the Subject Property Lease

Executive Summary

The subject property is located at 100 West Lake Street in Minneapolis MN. This investment is an Absolute NNN 15 Year Lease with one of the largest KFC Franchisees in
the Nation and the largest KFC franchisee in Minnesota. The Subject Property Lease is guaranteed by 135+ Stores. The subject property was completely remodeled in
2024 from a former White Castle Restaurant. The new 15 year lease provides for long term stability with 8% increases every 5 years and there are (4) 5 Year Renewal Options after the primary 15-year lease term.

Attachments

KFC - Lake Street - Minneapolis MN - OM

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,425 SF
Building Class
B
Year Built/Renovated
1978/2024
Price
£2,110,350
Price Per SF
£870
Net Initial Yield
6%
NOI
£126,637
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Lot Size
0.52 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C2
Parking
20 Spaces (8.25 Spaces per 1,000 SF Leased)
Frontage
162 ft on W Lake St

Amenities

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalised Intersection
  • Drive Thru
1 of 1
Walk Score ®
Very Walkable (89)
Bike Score ®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

BMO Harris Bank
The YMCA
Bambu
Starbucks
Wells Fargo Home Mortgage
Gyu-Kaku Japanese BBQ
Dunn Brothers Coffee
Famous Dave's
Anytime Fitness
ALDI

PROPERTY TAXES

Parcel Number 34-029-24-34-0117 Improvements Assessment £294,952
Land Assessment £454,451 Total Assessment £749,403

PROPERTY TAXES

Parcel Number
34-029-24-34-0117
Land Assessment
£454,451
Improvements Assessment
£294,952
Total Assessment
£749,403
(425) 829-9091

Contact

  • Listing ID: 34382985

  • Date on Market: 06/01/2025

  • Last Updated:

  • Address: 100 W Lake St, Minneapolis, MN 55408

The Retail Property at 100 W Lake St, Minneapolis, MN 55408 is currently available for sale. Contact Marcus & Millichap for more information.

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© 2025 CoStar Group

KFC | 100 W Lake St
(425) 829-9091 x

KFC | 100 W Lake St

Aaron Hines

(425) 829-9091

(425) 829-9091

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