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707 E 23rd St
Fremont, NE 68025

$1,988,000 USD

Fast Food For Sale  •  2,617 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,617 SF
  • Lot Size 0.85 AC
  • Building Class C
  • Year Built 1993
  • Cap Rate 5.65 %
  • Tenancy Single
  • Zoning C
0 Transit Score
71 Walk Score

Highlights

LONG-TERM ABSOLUTE NNN LEASE: Over 15 years on Absolute NNN lease with attractive 7.00% rental escalations every 5 years
OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,100 locations across 4 brands in 32 states
Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations (+20% of KFC locations in the U.S. system)
SEASONED LOCATION: Successfully open & operating for decades with an attractive 9.63% Rent-to- Sales ratio (YE 2025)!
TRAFFIC COUNTS: Well-positioned on an ±0.85-acre lot with excellent visibility/access on E 23rd St (main east/west thoroughfare)
2025 DEMOGRAPHICS: Total Population (5MI): 31,709 | Average Household Income (1MI): $91,451

Property Flyers

Cap Rate: 5.65 %

Major Tenants

Tenant SF Occupied Lease End Date
KFC 2,617 SF 10/31/2041

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Drive Thru
  • Monument Signage

Public Transportation

AirportDriveWalkDistance
Eppley Airfield 59 min - 39.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC