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KFC / Taco Bell | Wilmington, DE

KFC / Taco Bell | Wilmington, DE

1922 Lancaster Ave, Wilmington, DE 19805







Cap Rate


Lot Size

0.3 AC

Building Size

2,400 AF

Year Built


Type of Lease

Absolute NNN

Property Overview

Equity Retail Brokers is pleased to offer qualified investors the opportunity to purchase the KFC / Taco Bell located at 1925 Lancaster Ave, Wilmington, DE 19085. The tenant, MitraQSR, has been operating this location as a KFC / Taco Bell since they purchased the business in 2012, along with 120 other KFC/Taco Bell locations in Pennsylvania, New Jersey, Delaware, Virginia, West Virginia, and the District of Columbia. Since 2012, MitraQSR has grown their brand to over 200 locations.

Investment Highlights

  • Lease is guaranteed by MitraQSR KNE, LLC
  • Absolute NNN lease with zero landlord responsibilities
    • Tenant completely rebuilt the building in 2020 after a fire with no rent interruption or landlord involvement
  • Attractive 1.5% annual rental increases through the initial term and options
  • Over 10 years of initial term remaining
  • The subject property benefits from a dense surrounding area with over 111,000 people within 3 miles

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