Larsen Baker Sells KFC Drive-Thru Building at Manzanita Plaza to Operator
Tucson, AZ. – (November 1, 2024) –Larsen Baker, through its affiliate Manzanita Investment Group, LLC, sold the 2,234-square-foot freestanding KFC with drive-thru at 2970 W Valencia in Tucson at the Manzanita Plaza Shopping Center.
STRR Investments, LLC, the current operator of KFC, purchased the building. It was sold for $2,100,000 ($940 PSF) and closed on October 25, 2024.
STRR Investments, LLC is a Texas domestic limited liability company. Tanweer Ahmed is its principal manager.
Everyone recognizes Colonel Sanders, the iconic Kentuckian who introduced the world to his secret fried chicken recipe of 11 herbs and spices back in 1940. Since then, franchise owners have helped write the history of KFC®, helping it grow into the world’s most popular chicken franchise chain, with more than 24,000 locations.
Isaac Figueroa, CCIM, SIOR with Larsen Baker, represented the seller, and Greg Saltz, GPS Commercial Advisors, represented the buyer.
For more information, Figueroa can be reached at 520.296.0200, and Saltz can be contacted at 480.612.0510.
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