KFC Triple-Net Lease
525 S State St Westerville, OH 43081
525 S State St, Westerville, OH, 43081
Contact for pricing
For Sale
Contact for pricing
Absolute 20-year NNN KFC on a ~0.73-acre parcel with 1.25% annual rent escalations starting year six.
Property Size2,475 SF
Lot Size0.73 Acres
Days on Market103
Property Features for 525 S State St
General Information
- Standard status
- Active
- Size
- 2,475 SF
- Lot size
- 0.73 Acres
- Property subtype
- Retail
Listing agency
SURMOUNT
(332) 345-4222
Listed by
Glen Kunofsky · License #NY 49KU1129178
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 7:33PM Checked: Jul 21 at 7:33PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to present the exclusive listing for a KFC located at 525 S State Street in Westerville, Ohio. The site includes roughly 2,475 rentable square feet of building space on an estimated 0.73-acre parcel of land.
This KFC will be subject to a brand new 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $67,340, with scheduled increases of 1.25% annually starting in year 6 throughout the base term and in each of the four 5-year renewal options.
This KFC will be subject to a brand new 20-year absolute triple-net (NNN) lease, commencing at the close of escrow. The current annual rent is $67,340, with scheduled increases of 1.25% annually starting in year 6 throughout the base term and in each of the four 5-year renewal options.
Key Highlights
- KFC at 525 S State Street, Westerville, Ohio with a brand new 20‑year absolute triple‑net (NNN) lease
- ~2,475 rentable SF building on an estimated ~0.73‑acre parcel
- Current annual rent is $67,340 with 1.25% annual increases starting in year 6
Property Analytics
Location Intelligence
Current Use by Public Records
KFC
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Absolute 20-year NNN KFC on a ~0.73-acre parcel with 1.25% annual rent escalations starting year six.
Where is this nnn property located?
The property is located at 525 S State St Westerville, OH.
What are key features of this property?
This property features: KFC at 525 S State Street, Westerville, Ohio with a brand new 20‑year absolute triple‑net (NNN) lease; ~2,475 rentable SF building on an estimated ~0.73‑acre parcel; Current annual rent is $67,340 with 1.25% annual increases starting in year 6
