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KFC – FREMONT, NE 707 E 23rd St 2,617 SF Retail Building Fremont, NE 68025 $1,988,000 ($759.65/SF) 5.65% Cap Rate

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Investment Highlights

LONG-TERM ABSOLUTE NNN LEASE: Over 15 years on Absolute NNN lease with attractive 7.00% rental escalations every 5 years
Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations (+20% of KFC locations in the U.S. system)
TRAFFIC COUNTS: Well-positioned on an ±0.85-acre lot with excellent visibility/access on E 23rd St (main east/west thoroughfare)

OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,100 locations across 4 brands in 32 states
SEASONED LOCATION: Successfully open & operating for decades with an attractive 9.63% Rent-to- Sales ratio (YE 2025)!
2025 DEMOGRAPHICS: Total Population (5MI): 31,709 | Average Household Income (1MI): $91,451

Executive Summary

(Building & Land) Fee Simple

kfc.fremont_PKG

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Fast Food

Building Size

2,617 SF

Building Class

Year Built/Renovated

1993/2020

Price

$1,988,000

Price Per SF

$759.65

Cap Rate

5.65%

NOI

$112,322

Tenancy

Single

Building Height

1 Story

Building FAR

0.07

Lot Size

0.85 AC

Zoning

Frontage

178’ on East 23rd Street

Dedicated Turn Lane
Freeway Visibility

Pylon Sign
Restaurant

Drive Thru

Monument Signage

Major Tenants

Accommodation and Food Services
2,617 SF
-
Oct 2041

KFC, a subsidiary of Yum! Brands, Inc. (NYSE: YUM.), is a global chicken restaurant brand with a rich, decades-long history of success and innovation. It all started with one cook, Colonel Harland Sanders, who created a finger lickin’ good recipe decades years ago, a list of secret herbs and spices scratched out on the back of the door to his kitchen. Today they still follow his formula for success, with real cooks breading and freshly preparing their delicious chicken by hand in tens of thousands of restaurants around the world.