KFC DeRidder LA

March 4, 2020 – Robert DiFranco of Horvath & Tremblay has successfully completed the sale of KFC in DeRidder, Louisiana.  Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $845,000, a 5.09% cap rate.

KFC is located at 812 North Pine Street in DeRidder, Louisiana. KFC has occupied the 2,150 square foot stand-alone building since its construction in November 2018.  KFC has 19+ years of term remaining on a corporate lease followed by two, 5-year renewal options. The lease calls for 7.0% rental increases every five years throughout the base term and option periods. The property is extremely well located along Route 171 (North Pine Street) in a Walmart-anchored trade area, and is surrounded by numerous national retailers.

Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.