KFC / Taco Bell | Wilmington, DE

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.

• 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