KFC NNN Properties for Sale

19 live KFC listings as of October 7, 2026.

KFC cap rates by band

Live KFC listings by asking cap rate, as of October 7, 2026
Cap rate bandListingsAverage asking price
Under 5.00%2$2.03M
5.00% – 5.99%7$1.76M
6.00% – 6.99%5$1.74M
7.00% – 7.99%3$1.24M
8.00% and above2$888,755

KFC listings by state

Live KFC listings by state, as of October 7, 2026
StateListingsAverage cap rate
West Virginia47.00%
Florida34.76%
Pennsylvania36.06%
Michigan25.63%
Connecticut17.00%
Illinois17.00%
Iowa17.38%
Missouri16.43%
North Carolina15.75%
Virginia15.95%

KFC remaining lease term

Live KFC listings by remaining primary term, as of October 7, 2026
Remaining termListingsAverage cap rate
Under 5 years18.00%
5 – 9.9 years86.35%
10 – 14.9 years55.74%
15+ years55.87%

Buying KFC in a 1031 exchange

In a 1031 exchange, replacement property must be identified within 45 days of selling the relinquished property and the purchase must close within 180 days. A qualified intermediary holds the sale proceeds in between. Speak with your own tax adviser about your situation.

10 of the 19 live KFC listings have 10 or more years of primary lease term remaining (as of October 7, 2026).

KFC due-diligence checklist

  • Read the full lease: confirm the firm term, renewal options, rent schedule and every landlord responsibility.
  • Confirm who guarantees the lease (corporate, franchisee or personal) and review the guarantor’s financial statements where available.
  • Order tenant estoppel and SNDA documents before closing.
  • Review the title commitment, survey and zoning report for the parcel.
  • Commission a Phase I environmental site assessment.
  • Inspect the roof, structure, parking lot and HVAC, and confirm any warranties.
  • Verify property tax, insurance and CAM reimbursements against the lease.
  • Review store-level sales or rent-to-sales data if the tenant reports it.

KFC net lease FAQ

How many KFC net lease properties are for sale?

Net Lease World shows 19 live KFC listings as of October 7, 2026.

What cap rates are KFC properties listed at?

Live KFC listings with a published cap rate range from 4.20% to 8.00%, with a median of 6.00% (as of October 7, 2026). These are asking cap rates, not closed sales.

What is the typical asking price for a KFC property?

The median asking price across live KFC listings with a published price is $1.59M (as of October 7, 2026).

Which states have the most KFC listings?

West Virginia (4), Florida (3), Pennsylvania (3). Listings appear in 10 states in total (as of October 7, 2026).

How much lease term is left on KFC listings?

The median remaining primary lease term is 11.0 years; 10 listings have 10 or more years remaining (as of October 7, 2026).

Live KFC listings