Kentucky Fried Chicken (KFC)

Property Type: | Property Status: Sold

Kentucky Fried Chicken KFC

Property Details

Price: $982,500

CAP Rate:

Square Feet:

Tenancy Type: National

Lease Type: Absolute NNN

Location Info

Address: 3100 North Ridge Road East

City: Ashtabula

State: OH

Zip: 44004

Property Description

Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of the single-tenant, KFC, located in Ashtabula, Ohio. Dan Cooper, President and Broker of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the seller, a private investor out of California. The buyer, also out of California, purchased the property for 95% of the list price and was found within the first 3 weeks of listing the property for sale. The property sold for $982,500, representing a 6.60% CAP Rate.