Marcus & Millichap has been selected to exclusively market for sale the ground lease of a KFC located in Syracuse, New York.

KFC signed the original 20-year lease in 1998 which includes (4) five year options and ten percent rental increases scheduled every five years throughout the option periods. Located in historic Washington Square, the 2,560-square foot building has a direct street frontage along Butternut Street.

This is a well established site for KFC as they have occupied this site for over 16 years. Other tenants in the area include: Dollar General, Rite Aid, Dollar Tree, Burger King, and Family Dollar.