Nate Gautsche Sells Pair of KFC Leased NNN Investments

Nate Gautsche recently represented his client in the off-market acquisition of two single tenant NNN investments occupied by KFC on long term leases.

3696 S Archer is at the corner of Archer and Western in Chicago’s McKinley Park Neighborhood. The property is leased by KFC and shadow anchored by Jewel Osco on one of Chicago’s highest traffic corners. This represented an opportunity to buy a net leased asset at below replacement cost on an intersection that will see additional national brands in the near future.

8307 S King Drive is located at the corner of 83rd and King Drive in Chicago’s Chatham neighborhood. Also on a long term lease with KFC, this offered the buyer an opportunity to own a drive-thru asset in a strong fast food market at below replacement cost.

 

Looking for someone to seek out off-market opportunities that fit your investment criteria? Email Nate at nateg@crer.com.

Nate’s Current Listings and Recent Sales of Similar Assets :

7 E 111th Street, Chicago (Former Wendy’s)
161 Harlem, Forest Park (Taco Bell)
914 Indianapolis Blvd, Hammond, IN (Taco Bell)
1550 W Garfield Blvd, Chicago (Dunkin’)
257 W Garfield Blvd, Chicago (Taco Bell)
22 E Chicago Ave, Chicago (Taco Bell)
920 W Belmont Ave, Chicago (Taco Bell)
7013 S Stony Island, Chicago (Dunkin’)
3256 S Ashland Ave, Chicago (Dunkin’)
4614 S Damen Ave, Chicago (Taco Bell)
178 N Wabash Ave, Chicago (Taco Bell)
7 E Garfiled Blvd, Chicago (Burger King)
203 E Ohio St, Chicago (Taco Bell)
748 W Diversey, Chicago (Burger King)
13 W Rand Rd, Mount Prospect (McDonald’s)

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