Overview
Description
KFC has Over 10 years remaining on Absolute NNN lease with rental escalations every 5 years – next 9.1% escalation 04/01/31. The Parent Company of KBP Foods operates ±1,050 locations across 4 brands in 32 states. Tenant – FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations (+20% of KFC locations in the U.S. system) with anticipated sales in excess of $1 billion in 2026 (FQSR, LLC is the tenant on the lease, encompasses all KFC restaurant locations). It is a Large ±1.49-acre outparcel to Meijer, located in dominant retail corridor surrounded by national retailers including Walmart (adjacent), Lowe’s, and Kohl’s – located lot on US-20 (Rossford’s main east/west retail artery), the site benefits from exceptional visibility & access with traffic counts of 39,128 CPD!
The Asset is Outparcel to Meijer, directly across from Lowe’s, Kohl’s, Hobby Lobby, Boot Barn, Dollar Tree, OfficeMax, and Goodwill; adjacent to Walmart, Target, Gabe’s, Home Depot. T.J. Maxx, Ulta Beauty, Five Below, and Pet Supplies Plus. KFC is 6 miles from Owens Community College Perrysburg – a 2-year, public institution serving 7,423 students with a focus on affordable education, career-focused technical training & transfer opportunities; 12 miles from Mercy Health – St. Vincent Medical Center Toledo – a major teaching hospital & Level I trauma center with 445 staffed beds; 13 miles from ProMedica Toledo Hospital – a major non-profit, academic tertiary care Level I trauma center that features 794 beds, including a dedicated 169-bed ProMedica Russell J. Ebeid Children’s Hospital.
Property Highlights
- LONG-TERM ABSOLUTE NNN LEASE:Over 10 years remaining on Absolute NNN lease with rental escalations every 5 years – next 9.1% escalation 04/01/31
- OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,050 locations across 4 brands in 32 states. Tenant – FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations (+20% of KFC locations in the U.S. system) with anticipated sales in excess of $1 billion in 2026 (FQSR, LLC is the tenant on the lease, encompasses all KFC restaurant locations)
- DENSE RETAIL CORRIDOR | TRAFFIC COUNTS: Large ±1.49-acre outparcel to Meijer, located in dominant retail corridor surrounded by national retailers including Walmart (adjacent), Lowe’s, and Kohl’s – located lot on US-20 (Rossford’s main east/west retail artery), the site benefits from exceptional visibility & access with traffic counts of 39,128 CPD!
- AFFLUENT 2025 DEMOGRAPHICS:: Total Population (5MI): 80,449 | Average Household Income (1MI): $123,961
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