KFC-14+Yr Absolute Net (NNN) Lease — Sale in Jacksonville, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Jacksonville, FL 32246

Photos

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Investment Figures

Cap rate
6.25%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the opportunity to acquire a net leased investment consisting of a KFC quick service restaurant. It is located on Beach Blvd, which is a key thoroughfare in Jacksonville’s Southside district. This KFC is subject to an absolute net lease with just under 15 years remaining on its primary term, with (4) 5-year options, offering a long-term revenue stream. It is a well-established store that has operated at this location since 2012. The offering provides significant long-term value as the rent is at a low price point compared to similar QSR leases. The subject property features a 2,376 SF building. It is situated on a 1.64 AC parcel of land. The site includes a drive-thru, two access points, excellent visibility, ample parking, and high-visibility signage along Beach Blvd (55,000+ VPD). It benefits from excellent access and visibility from I-295 (100,000+ VPD) and Saint Johns Bluff Rd (20,000+ VPD). This KFC is in the neighborhood’s primary retail corridor, benefiting from strong traffic counts along major routes. The area has a population of 84,826 within a 3-mile radius and 231,961 within a 5-mile radius, with AHHIs of $85,000+ and $93,000+, respectively. Jacksonville is one of the fastest-growing metropolitan areas in the United States, and the Southside corridor continues to experience strong growth and increased housing density. KFC—a wholly owned subsidiary of YUM! Brands Inc.—is one of the world’s largest quick service restaurant chains, with over 4,000 U.S. locations and 32,000 stores globally. Backed by a BB+ credit rating (S&P) and over $34 billion in annual system-wide sales, the brand offers institutional-grade investment security. This site is operated under guarantee from Tasty Restaurant Group, a leading multi-brand operator with over 400 restaurants across KFC and other major QSR concepts, underscoring its strategic importance and long-term commitment to this location. Investment Highlights: • Long Term Absolute

Market Context

This food service in Jacksonville, FL is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Jacksonville, FL — view the full market.

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