Absolute NNN Lease: With an absolute net lease, this property offers investors competitive returns with ZERO landlord responsibilities.
Recent Renovation/Tenant Commitment: At Tenant’s sole expense, Tenant installed a brand-new roof (2023), and two brand new HVAC units (2021/2023), demonstrating Tenant’s long-term commitment to this location.
Established Operator: JRN, Inc., KFC’s 3rd largest franchisee, operates 157 KFC’s across 10 different states, providing landlords with a very strong operator and guarantor.
Above Average Store Sales: In 2023, this location generated more than $1.8 million in annual sales, which is significantly higher than KFC’s national average.
Strong Parent Company: With over 59,000 restaurants across 155 countries and territories, Yum! Brands is the world’s largest restaurant company, with over $60 Billion in system-wide sales.
Excellent Demos: With over 108,000 residents within a 5-mile radius and an average household income of $99,131, this location is ideally positioned to serve a large and affluent customer base.
Strategic Location: This property is strategically located on the bustling W. Wade Hampton corridor (47,300 VPD), and is closely situated to strong retail presences, such as Chick-fil-A, Starbucks, Lowe’s, Home Depot, Food Lion, and Ross.
Rapidly Developing Market: Greenville has gained recognition as a major destination for relocation and a rapidly growing city, attracting major employers like BMW Manufacturing, Michelin North American Headquarters, GE, Lockheed Martin, Tesla, and many more.