Tampa, FL
Price: $2,971,264
Cap Rate: 4.35% (Current) | 4.79% (2023)
Status: AVAILABLE

KFC & Taco Bell - Tampa Main WM
KFC_DBI-11-SbT0GsDV-DSC_2320
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KFC & Taco Bell - Tampa Main WM KFC_DBI-11-SbT0GsDV-DSC_2320 KFC_DBI-22-FVLaYZUo-DSC_2331
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Blue West Capital is pleased to exclusively offer for sale a KFC & Taco Bell located in Tampa, the 4th largest MSA in the Southeast. This property offers a long-term lease with over 11 years remaining and 10% rental increases every five years (next in March 2023). 

Positioned just south of the heavily trafficked signalized intersection of N Armenia Avenue and W M.L.K Jr. Blvd (55K VPD) in a densely populated area with over 137,000 people living within three miles. The tenant (KBP Foods) is the largest KFC franchisee in the U.S. with 800 locations and projected 2021 sales of $950 million.

  • Absolute triple net lease with zero landlord responsibilities
  • Located approximately one-half mile east of St. Joseph’s Hospital and one mile east of Raymond James Stadium (home of the Buccaneers)
  • Florida is an income tax-free state
  • Rare dual branded concept featuring KFC and Taco Bell as YUM! Brands is no longer issuing dual brand franchise agreements and this location is grandfathered in>

OFFERING SUMMARY

Price: $2,971,264
Cap Rate: 4.35% (Current) | 4.79% (2023)

Building Size: 3,405 SF
Lot Size:
39,790 SF

INVESTMENT CONTACT

ZACH WRIGHT    
Director
Net Lease Investment Sales
720.966.1628
Zach@BlueWestCapital.com

BRANDON WRIGHT  
Associate
Investment Sales
720.828.7457
Brandon.Wright@BlueWestCapital.com

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2022-03-01T10:46:44-07:00
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