KFC

The Town of La Plata is located in Southern Maryland about 30 miles southeast of Washington, DC, 60 miles south of Baltimore, 45 miles southwest of Annapolis, and 80 miles north of Richmond, Va. It serves as the county seat for the Charles County Government and was originally founded in the 1870's as the Pennsylvania Railroad was granted a right of way to build its tracks and station. The Town of La Plata was incorporated on April 4, 1888. Since La Plata's inception, it has grown into a beautiful small town of 8,753 residents (2010 Census) with hundreds of small businesses that serve Southern Maryland.This is the opportunity to purchase a corporate KFC absolute NNN lease situated in La Plata, MD. The building consists of 2,623 square feet and is outparcel to La Plata Shopping Center, a 73,008 square foot fitness anchored neighborhood shopping center. The lease calls for zero landlord obligations and is guaranteed by KBP Foods, a franchisee. The tenant is subject to 10% increases every 5 years and two, 5 year options to renew. The asset is conveniently located at the signalized intersection of Craine Hwy and Route 6 with a combined traffic count of 50,000 vehicles per day. Neighboring retailers include Dollar Tree, Starbucks, Ace Hardware, Planet Fitness, Outback Steakhouse and more.