For Sale
$1,900,000

14 130Th St Bonner Springs, KS 66012

High-return QSR in Kansas

Overview

Added:
Dec 11, 2024
Days on market:
130
This exceptional investment opportunity presents a fee-simple, Class A, single-tenant KFC/Taco Bell located at 14 N 130th St, Bonner Springs, KS 66012. The property boasts 4,257 square feet on a 1.14-acre lot, built in 1999 and renovated in 2013. It features a 20-year absolute NNN lease with a corporate guarantee from KBP Foods, the largest KFC franchisee in the country, commencing July 1, 2013, and expiring June 30, 2033, leaving approximately 8.6 years remaining. The current annual net operating income (NOI) is $121,000, with a 10% rent increase every five years throughout the base term and four, five-year renewal options. The property offers a compelling 6.37% cap rate and a price per square foot of $446.32. The tenant, KBP Foods, operates over 800 restaurants across 25 states. This is a strong, stable investment with significant upside potential due to the long-term lease, built-in rent increases, and the tenant's proven track record. The property is 100% occupied and benefits from its strategic location. This is a rare opportunity to acquire a high-performing, nationally branded fast-food property in a desirable location.

Property Details for 14 130Th St

Property type
Retail properties
Square Feet
4,257 SF
Class
A
Year Built/Renovated
1999/2013
Buildings
1
Stories
1
Lot Size (sq. ft)
49,658 SF
Units
1

Location Insight

City
Bonner Springs
County
Wyandotte
State
Kansas
Latitude
39.097846962554
Longitude
-94.882406770356
14 130Th St, Bonner Springs, Kansas

FAQs

What type of property is this?
Retail property - High-return QSR in Kansas
Where is the retail property located?
The property is located at 14 130Th St Bonner Springs, KS.
What is the asking price?
The asking price for this property is $1,900,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
14 130Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message