KFC

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NNN Pro Group is pleased to present the exclusive listing for an KFC located at 1007 Scalp Avenue in Johnstown, PA. The site consists of roughly 2,500 rentable square feet of building space on estimated 0.49-acre parcel of land. This KFC is subject to a 20-year absolute triple-net (NNN) lease, which commences at the close of escrow. The current annual rent is $128,286 and is scheduled to increase by 1.25% annually starting in year 6 throughout the base term and in each of the 4, 5-year renewal options.

About the Investment:

✓ Brand New 20-Year Absolute Triple Net (NNN) Lease to be Signed at Closing
✓ 1.25% Annual Rental Increases Starting in Year 6
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
✓ Fee Simple Ownership