NNN Pro Group is pleased to present the exclusive listing for an KFC located at 1801 W Lindsey St in Norman, OK. The site consists of roughly 3,052 rentable square feet of building space on estimated 1.08-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 $88,660 and is scheduled to increase by 1.50% annually starting in year 6 throughout the base term and in each of the 4, 5-year renewal options.
NNN Pro Group is pleased to present the exclusive listing for an KFC located at 1801 W Lindsey St in Norman, OK. The site consists of roughly 3,052 rentable square feet of building space on estimated 1.08-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 $88,660 and is scheduled to increase by 1.50% annually starting in year 6 throughout the base term and in each of the 4, 5-year renewal options.
