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KFC 201 S China Lake Blvd

1,640 SF Retail Building Ridgecrest, CA 93555 £1,809,423 (£1,103/SF) 4.20% Net Initial Yield

Executive Summary

Offered for sale is the opportunity to acquire triple net leases KFC in Kern County, California. The property consists of a 1,620 -square-foot, freestanding buildings that sit on 0.40 acres (17,424) of land. There are around 13 years remaining on the current lease term with 10% every 5 years rental increases, and four 5 years option to extend.

Attachments

KFC Flyer_071624

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,640 SF
Building Class
B
Year Built
2022
Price
£1,809,423
Price Per SF
£1,103
Net Initial Yield
4.20%
NOI
£75,980
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Lot Size
0.40 AC
Zoning
PM
Parking
23 Spaces (14.02 Spaces per 1,000 SF Leased)
Frontage
88 ft on South China Lake Boulevar

Amenities

  • Drive Thru
1 of 1
Walk Score ®
Very Walkable (79)
Bike Score ®
Very Bikeable (70)
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

Denny's
Grocery Outlet
Dutch Bros
U.S. Bank
Navy Federal Credit Union
Ww (weight Watchers)
Bank of America
(619) 212-6111

Contact

  • Nabil Saidy
    Nabil Saidy
  • RSD Investments

  • Listing ID: 32379354

  • Date on Market: 08/07/2024

  • Last Updated:

  • Address: 201 S China Lake Blvd, Ridgecrest, CA 93555

The Retail Property at 201 S China Lake Blvd, Ridgecrest, CA 93555 is currently available for sale. Contact RSD Investments for more information.

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© 2024 CoStar Group

KFC | 201 S China Lake Blvd
(619) 212-6111 x

KFC | 201 S China Lake Blvd

Nabil Saidy

(619) 212-6111

(619) 212-6111

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