NNN Pro is pleased to present the exclusive listing for a KFC/Taco Bell located at 5692 Highway 278E, Hokes Bluff, AL 35903. The site consists of roughly 2,160 rentable square feet of building space on an estimated 0.48-acre parcel of land. This KFC/Taco Bell is subject to a 20 Years-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $57,865 and has scheduled increases of 1.50% Annually.
Brand New 20-Year Absolute Triple Net (NNN) – Lease to be Signed at Closing
Attractive Rental Increases – 1.50% Annual Rental Increases
Fee Simple Ownership – Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
