Established KFC Restaurant For
707 E 23rd St, Fremont, NE 68025
Long-term NNN lease with attractive escalations and options.
Type:Retail
Property size:
2,617 SFLot size:
0.85 AcresPrice / SF:
$759/SF- Added:
- Feb 17, 2026
- Days on Market:
- 84
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 707 E 23rd St
General Information
- Standard status
- Active
- Size
- 2,617 SF
- Lot size
- 0.85 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2020
Listing agent Justin Zahn License #SA545840000
Listing office Commercial Investment Advisors (CIA) Scottsdale
Listing date Feb 17, 2026
Source Crexi
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 Commercial Investment Advisors (CIA) Scottsdale
HighLights
- Absolute NNN lease with over 15 years remaining and attractive 7.00% rental escalations every 5 years.
- Tenant is the largest KFC franchisee in the U.S., encompassing ±800 locations with anticipated sales in excess of $1 billion in 2026.
- KFC has been successfully open & operating for decades with an attractive 9.63% Rent‑to‑Sales ratio (YE 2025).
- Well‑positioned on an ±0.85‑acre lot with excellent visibility/access on E 23rd St with traffic counts of 21,409 CPD.
- Located near major retailers including Walmart, Menards, and Hy‑Vee.
- Located 1 mile from Midland University and adjacent to Methodist Fremont Hospital.
Overview
This commercial real estate opportunity features a KFC restaurant operating successfully for decades. The property is positioned on an approximately 0.85-acre lot, offering visibility and access on E 23rd St, a main east-west thoroughfare with a traffic count of 21,409 cars per day. The KFC has over 15 years remaining on an absolute NNN lease, which includes 7.00% rental escalations every 5 years and two 5-year options to renew. The tenant, FQSR, LLC, is the largest KFC franchisee in the U.S., encompassing approximately 800 locations, which is over 20% of all KFC locations in the U.S. system, with anticipated sales exceeding $1 billion in 2026. The parent company of KBP Foods operates approximately 1,100 locations across 4 brands in 32 states. The restaurant has an attractive 9.63% Rent-to-Sales ratio (YE 2025). The property is located one mile from Midland University, a private liberal arts college with nearly 1,700 students, and adjacent to Methodist Fremont, a general medical and surgical hospital with 75 licensed beds (55 acute care and 20 behavioral health beds) serving Dodge and surrounding counties. Major retailers in the vicinity include Walmart, Menards, Tractor Supply, Hobby Lobby, and several others.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
KFC
Restaurant
Location Insight
- Map
- Local Demand
- City
- Fremont
- County
- Dodge
- State
- Nebraska
- Longitude
- -96.505471
- Latitude
- 41.451356
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - Long-term NNN lease with attractive escalations and options.
Where is this drive through restaurant located?
The property is located at 707 E 23rd St Fremont, NE.
What is the asking price?
The asking price for this property is $1,988,000.
What are key features of this property?
This property features: Absolute NNN lease with over 15 years remaining and attractive 7.00% rental escalations every 5 years.; Tenant is the largest KFC franchisee in the U.S., encompassing ±800 locations with anticipated sales in excess of $1 billion in 2026.; KFC has been successfully open & operating for decades with an attractive 9.63% Rent‑to‑Sales ratio (YE 2025).
