KFC-Long John Silver’s has a new 20 year Absolute NNN lease with 1.50% annual rental escalations with four renewal options. The tenant, Mitra, is one of the largest KFC YUM! Brand operators with 203 locations throughout 15 states! This location has been owned and operating for decades with an attractive 7.92% rent to sales ratio.
KFC-Long John Silver’s is located in York, Pennsylvania situated on a hard corner between Chipotle Mexican Grill and Chick-Fil-A with high driveby visibility. Nearby retailers of the subject property include Tractor Supply Co., Ashley HomeStore, ALDI, Goodwill, Dollar Tree, Staples; Nearby retailers include Walmart Supercenter, Target, Weis Markets, Dick’s Sporting Goods, Kohl’s, Lowe’s Home Improvement, TJ Maxx, GIANT Food Stores, etc. Also located only 4 miles from WellSpan York hospital and 5 miles from Memorial Hospital York.
*In Association with Pennsylvania Local Broker: Brian Brockman