KFC / TACO BELL |  $2,020,000  |  6.00% CAP

The Deltondo Advisory Group is pleased to present for sale the fee simple interest in this single-tenant KFC / Taco Bell located at 909 Northwest 32nd Street, Newcastle, Oklahoma 73065.

 

The subject property is comprised of 3,177 square feet and will be undergoing a complete remodel in 2021. The building sits on a large 42,500 square foot lot located just off Northwest 32nd Street seeing over 18,000+ Vehicles Per Day. Subject Property benefits from being only .75-Miles from Interstate-44 which oversees 45,000+ Vehicles Per Day.

 

KFC / Taco Bell has extended its absolute-net lease early showing commitment to the location. With 12-years remaining, KFC / Taco Bell has Two, 5-year options to extend and a 10% increase in 2021.

 

The Operator KBP Foods operates 700+ restaurants in 20+ states and has Regional Vice Presidents in every major geographical region. Our Corporate Office and Restaurant Support Center are in Overland Park, KS.

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“KBP Foods has been named one of the top 100 Private Companies & Corporate Report 100 Fastest Growing Companies” - Ingram’s

909 NW 32ND ST

NEWCASTLE, OK 73065

PRESENTED BY:

PETER DELTONDO

Founder, Deltondo Advisory Group

(949) 419-3267

pdeltondo@marcusmillichap.com

BROKER OF RECORD

Tim Speck

Lic. 9002994

RICK WADE

Associate

(949) 419-3244

rwade@marcusmillichap.com

© 2020 Deltondo Advisory Group of Marcus & Millichap Newport Beach