KFC - Corpus Christi, TX

875+ TRANSACTIONS | OVER $3 BILLION SOLD

KFC 5633 Saratoga Blvd Corpus Christi, TX 78401

Offering Summary Price

$1,715,000

Cap Rate

6.50%

Net Operating Income

$111,600

Year Built

1998

Gross Leasable Area

4,148 SF

Lot Size

Representative Photo

0.85 Acres

Lease Summary

Annualized Operating Data

Lease Term

10 Years

Year(s)

Lease Commencement

1/1/2020

Lease Expiration

12/31/2029

Remaining Term

10 Years

Lease Type

Commencement

Annual

Increase

1-5

1/1/2020

$111,600

-

6-10

1/1/2025

$115,200

3.23%

Net Operating Income

$111,600

NNN

Roof & Structure Increases

Tenant Every 5 Years

ADAM GOTTSCHALK

WILL MERRITT

469.844.8890 | AGottschalk@StriveRE.com

469.844.8021 | WMerritt@StriveRE.com

We take a client-centric approach at STRIVE. Working together from one central database, each agent focuses on the investor pool within their assigned territory. Leaving no stone unturned, the entire team of agents combs through all active investors, ultimately matching the ideal buyer and seller. With a team compensation structure, each member in the organization is incentivized and motivated to complete each task at hand. As a result, we execute with speed and efficiency, producing tremendous results for our clientele.

MORE THAN PROPRIETARY DATABASE

MORE THAN NATIONWIDE

• Proprietary database of 106,000+ local properties, investors and agents; growing daily & continuously updated • Full understanding of local properties and the trends that affect them • Ability to translate these trends into market knowledge enabling our clients to make intelligent decisions

• Specialization of product type & geographical area; team segmentation to cover the entire Southwest • Allocation of 100% of our resources to provide expert analysis and greater market efficiencies • Sole focus of investment sales; zero conflict of interest

• Leveraging cutting edge technology to maximize client profits • Dedicated research department to track national and local trends to accurately predict future outcomes

• Shared proprietary database of 106,000+ properties, investors, agents and a team effort linking buyers & sellers • 100% cooperation - 100% of the time • Incentivize the brokerage community by sharing information and splitting fees

• Unique platform provides maximum exposure and brings qualified buyers to the opportunity • Ability to move capital in-and-out of markets and across property types and investor profiles • Ability to source well qualified, 1031-exchange and active buyers

• #1 investment sales team in the Southwest. We close transactions with speed and efficiency • We close more transactions than any other team • Closing Averages: 97.5% of list price, closed in 120 days

By implementing and executing on our incomparable system, we are able to achieve the desired results on behalf of our clients. As a result of our client-centered approach, specialization and unmatched local expertise, unique platform, and our unprecedented marketing process, we have built a long standing history and reputation of consistently executing and achieving optimal results with tremendous speed and efficiency.

STRIVE TEAM MEMBER

60%

OUTSIDE BROKERAGE COMMUNITY

40%