Dual-Concept QSR
For Sale
Contact for pricing
451 W North Street, Kendallville, IN 46755
KFC and Long John Silver’s dual concept restaurant offered with a new 20-year NNN lease featuring renewal options.
Property SizeContact for details
Days on Market121
Property Features for 451 W North Street
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
The Kase Group
(415) 269-2474
Listed By:
Jacob Abusharkh · License #CA 01385529
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 9:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Kase Group
Investment Insights
Based on property information with market context.
This offering is a KFC and Long John Silver’s dual concept restaurant. The property is subject to a brand new 20-year NNN lease that commenced with three 5-year options to renew, and the lease structure provides for zero landlord obligations. The lease is backed by McKenzie Foods, Inc., an operator with 21 units.
The asset is located in Kendallville, Indiana. It is surrounded by major national retailers including NAPA Auto Parts, Kroger, and Dollar General, supporting a retail shopping environment.
The transaction is presented as for sale, with the property positioned as a long-term, net-leased restaurant asset under the stated lease terms.
The asset is located in Kendallville, Indiana. It is surrounded by major national retailers including NAPA Auto Parts, Kroger, and Dollar General, supporting a retail shopping environment.
The transaction is presented as for sale, with the property positioned as a long-term, net-leased restaurant asset under the stated lease terms.
Key Highlights
- KFC and Long John Silver’s dual concept restaurant in Kendallville, Indiana
- Brand new 20‑year NNN lease with three 5‑year renewal options
- Lease calls for zero landlord obligations
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
154k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Shops & Services 30%
Groceries 20%
Electronics 4%
Kroger
Groceries
31,569 visits/mo
0.1 miles
McDonald's
Dining
25,605 visits/mo
0.2 miles
Arby's
Dining
14,037 visits/mo
0.1 miles
Kendallville
Shops & Services
12,400 visits/mo
0.4 miles
Wendy's
Dining
10,441 visits/mo
0.3 miles
Demographics for 46755, IN
15,721
Population
6,857
Households
2.3
Avg Household Size
40
Median Age
17%
College-Educated
85%
High-School Grad
74.9 sq mi
ZIP Area
210
Density / Sq Mi
$66,034
Median Household Income
$41,567
Median Earnings
$722
Median Rent
$160,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - KFC and Long John Silver’s dual concept restaurant offered with a new 20-year NNN lease featuring renewal options.
Where is this conventional restaurant located?
The property is located at 451 W North Street Kendallville, IN.
What are key features of this property?
This property features: KFC and Long John Silver’s dual concept restaurant in Kendallville, Indiana; Brand new 20‑year NNN lease with three 5‑year renewal options; Lease calls for zero landlord obligations
