Lafayette, LA 70506

KFC

Property Address

3328 Ambassador Caffery Parkway, Lafayette, LA, USA

Offering Summary

  • Price: $1,217,000
  • Lot Size: .751 Acres
  • Cap Rate: 5.75%
  • Year Built: 2019
  • Building SF: 2,100
  • Status: In Escrow
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  • 16 Years Remaining on Absolute Triple-Net (NNN) Lease - Drive Thru Location
  • 7% Rental Increases Every 5 Years with Multiple Renewal Options
  • Tenant is the Largest KFC Franchisee in the U.S. with 840+ Units and Over $1 Billion in Sales - Across its Three Brands, KBP Operates 1,000+ Restaurants in 28 States with 15,000+ Employees
  • Growing Lafayette Trade Area with 130,039 Residents in a 5-Mile Radius
  • Situated in a Dense Retail Corridor - Neighboring Tenants Include Walmart, Sam's Club, Best Buy, The Home Depot, Lowe's, and PetSmart
  • Outparcel to Conn's Home Plus, Boot Barn, and Floor & Decor
  • Excellent Visibility Along Ambassador Caffery Parkway (38,200+ Cars per Day)
  • Average Household Income Exceeds $102,000 within a 3-Mile Radius
  • Within a 15-Minute Drive of Downtown Lafayette and The University of Louisiana at Lafayette

Broker Information