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1306 Memorial Blvd Connellsville, PA 15425

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High-return KFC investment, Pennsylvania.

Property size:
2,822 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This fee-simple investment opportunity features a 2,822 square foot KFC restaurant situated on a 0.4-acre lot at 1306 Memorial Blvd, Connellsville, PA 15425. The property is currently 100% occupied under a triple-net (NNN) lease with a franchisee tenant. The lease commenced September 12, 2028, and has a remaining term of 13.9 years, expiring September 30, 2038. The current annual net operating income (NOI) is $72,240, with a built-in rental increase of 5% every five years, providing strong future income growth. The building was constructed in 1985. This location benefits from its position within a dense retail corridor, including numerous national brands such as McDonald's, Subway, Walmart, and more. The area also boasts a significant student population due to the proximity of several academic institutions, including Geibel Catholic Junior-Senior High School and Connellsville Area High School, with a combined enrollment of 1,468 students. This presents a compelling investment opportunity with a long-term lease, strong tenant, and favorable market dynamics.

Property Features for 1306 Memorial Blvd

General Information

Property type
Restaurants
Square Feet
2,822 SF
Lot Size
17,424 SF

Building Details

Year Built
1985

HighLights

  • 5% rental increases every five years.
  • High‑traffic retail corridor anchored by national tenants including McDonald's, Walmart, and numerous other popular brands.
  • Proximity to significant academic institutions with a combined enrollment exceeding 1,400 students.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Building Supply Gym & Fitness Accounting Firm Wholesale Shop Auto Repair Shop Kitchen & Bath Department Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Connellsville
County
Fayette
State
Pennsylvania
Longitude
-79.5843771
Latitude
40.036347

FAQs

What type of property is this?
Restaurant - High-return KFC investment, Pennsylvania.
Where is this restaurant located?
The property is located at 1306 Memorial Blvd Connellsville, PA.
What are key features of this property?
This property features: 5% rental increases every five years.; High-traffic retail corridor anchored by national tenants including McDonald's, Walmart, and numerous other popular brands.; Proximity to significant academic institutions with a combined enrollment exceeding 1,400 students.
More about this property
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