133 Southwest Dr
Jonesboro, AR 72401
KFC / Taco Bell · Local commercial Bien À vendre

Northmarq is pleased to offer for sale this absolute NNN KFC / Taco Bell dual-concept property located in Jonesboro, Arkansas. The property consists of a ±5,442-square-foot freestanding restaurant with drive-thru, on a parcel of approximately 0.87 acres. The ownership interest is fee simple (ie; land and building) and the tenant recently started a new 20-year term, with 19.9 years currently remaining, plus four renewal options of five years each. The rent increases by 10% every five years including in the options.
The property is positioned along Southwest Drive within Jonesboro's dominant retail corridor, adjacent to Joe Martin Expressway and its 33,269 vehicles per day. Surrounding retail includes Starbucks, Walmart, Sam's Club, Target, Lowe's, Kohl's, Hobby Lobby, Academy Sports, Ross, Michaels, Aldi, Harps, McDonald's, CVS, and Walgreens. And Arkansas State University, St. Bernards Medical Center, and Jonesboro High School all sit within the immediate trade area. More than 53,500 residents live within three miles and 78,500 within five miles, with one-mile average household income of $81,356.
The lease is guaranteed by Tasty Chick'n LLC, one of the five largest KFC franchisees in the United States with approximately 147 locations across ten states. Tasty Chick'n is a subsidiary of Tasty Restaurant Group, a top-35 QSR operator by revenue, with roughly 450 units spanning KFC, Taco Bell, Pizza Hut, Burger King, Dunkin', and Baskin-Robbins.