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KFC

1116 Parade Street, Erie, Pennsylvania 16503

NNN Pro is pleased to present the exclusive listing for a KFC located at 1116 Parade Street, Erie, Pennsylvania 16503. The site consists of roughly 2748 rentable square feet of building space on an estimated 0.74-acre parcel of land. This KFC is subject to a 20-year Triple Net (NNN) lease, which commenced 3/31/2019. The current annual rent is $76,809 and has scheduled increases of 1.25% Annually Starting in Year 11.

Property
DETAILS
Lease
SUMMARY
Property Type
Retail
Property Subtype
Restaurant - Quick Service
Building Size
2,748 SF
Lot Size
0.74 Acres
Ownership Type
Fee Simple
Year Built
1986
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