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Just Listed

Absolute NNN Lease with 10 Years Remaining

7.00% CAP Rate

2011 Remodel

10% Rent Bumps

 

KFC Restaurant

211 W. California Avenue, Ruston, LA 71270

 
 

LIST PRICE

$1,497,624

7.00% CAP

 
  • 2011 Full Remodel
  • Absolute NNN Lease -Zero Landlord Responsibilities
  • 20 Year Lease - 10 Years Remaining
  • 10% Rent Bumps Every 5 Years
  • Four 5-Year Options
  • KBP Foods - Largest KFC Franchisee - Tenant Has Closed Location But Continues to Pay Rent
  • Development Opportunity or Opportunity to Re-Tenant and Increase Rent


If you are interested in the possible sale of your property and execution of a 1031 Exchange into a similar property such as this, that requires no management or expenses, please contact me at the link below.


 
 
 

If you have any questions or would like more information, please call or email.

 

CRAIG STEWART | 760 809 3626 | EMAIL

License | CA: 01060001

 
 
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