703 E 4th Avenue Hutchinson, KS 67501

Listing agency The Kase Group k***@thekasegroup.com Show Phone

Listed by Kase Abusharkh · License #TX 708586

Source Crexi

Added: Apr 11 Updated: Jul 21 at 3:09PM Checked: Jul 21 at 3:09PM

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Investment Insights

Based on property information with market context.

The property is a KFC restaurant in Hutchinson, Kansas, offered subject to a 10-year NNN lease. The lease includes four 5-year renewal options, with 1% annual rent increases, and calls for zero landlord obligations. The lease is backed by a 9 unit operator.

The site is surrounded by major national retailers, including Dillons Supermarket, O’Reilly Auto Parts, and Family Dollar.

An exterior remodel is slated for the end of 2017/early 2018.

Key Highlights

• KFC restaurant in Hutchinson, Kansas offered with a 10‑year NNN lease
• Lease includes four 5‑year renewal options and 1% annual rent increases
• Lease structure calls for zero landlord obligations

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FAQs

What type of property is this?

Conventional restaurant - KFC restaurant offered with a 10-year NNN lease backed by a 9-unit operator.

Where is this conventional restaurant located?

The property is located at 703 E 4th Avenue Hutchinson, KS.

What are key features of this property?

This property features: KFC restaurant in Hutchinson, Kansas offered with a 10‑year NNN lease; Lease includes four 5‑year renewal options and 1% annual rent increases; Lease structure calls for zero landlord obligations