KFC
Overview
Kentucky Fried Chicken (KFC) is one of the world’s largest chicken quick service restaurants. KFC is owned and operated by YUM! Brands, other YUM! Brands franchises included Taco Bell and Pizza Hut. KFC currently has over 4,000 locations in all 50 states, the majority of which are franchised. In general KFC offers a 20-year lease term with 1-5, 5 year option periods after the base term. Rent escalations tend to vary from lease to lease.
Lowest Cap Rate
3.71%
Average Cap Rate
5.04%
Property & Lease
Average Sale Price
$1,250,000 – $2,000,000
Average NOI
$90,000 – $140,000
Building SF
2,100
Lease Term
20 Years
Escalations
Varies
Stock Symbol
NYSE:YUM
Credit Rating
S&P
BB
Moody’s
Ba3