Baum Family Investments drops $5m on three prime Jacksonville properties leased to KFC

Baum Family Investments has announced a significant expansion of its Florida real estate portfolio with the acquisition of three prime properties in Jacksonville. These properties, each leased on long-term triple net leases to Kentucky Fried Chicken (KFC), were acquired for a combined investment exceeding $5,000,000. This move highlights Baum Family Investments’ ongoing commitment to strengthening its foothold in the Florida market through strategic acquisitions.

The new acquisitions bring Baum Family Investments’ total real estate investments in Florida to $200,000,000 over recent years. In 2024 alone, the firm has added four properties to its Florida portfolio and aims to secure an additional six in the coming months. This aggressive acquisition strategy reflects the company’s confidence in the Florida real estate market and its dedication to expanding its presence in the region.

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Aaron L. Baum, Managing Principal at Baum Family Investments, expressed enthusiasm about the new acquisitions, stating, “We are thrilled to add these KFC-leased properties to our growing portfolio. This acquisition not only strengthens our presence in Florida but also aligns with our strategy of investing in high-quality, income-producing assets.”

The KFC properties represent a significant addition to Baum Family Investments’ portfolio, which is known for its focus on long-term, income-producing investments. The firm’s strategic approach includes targeting high-value properties with stable, long-term tenants, reflecting its commitment to acquiring assets with predictable income and growth potential.

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Baum Family Investments is renowned for its strategic acquisition and management of high-value commercial properties across the United States. The firm’s proactive approach and market expertise have positioned it as a leader in the real estate investment sector. In addition to the Florida acquisitions, Baum Family Investments made headlines in June with the purchase of two prime single-tenant net leased properties. These include a Chase Bank branch in Troy, Michigan, and a FedEx facility in Miamisburg, Ohio, both secured with long-term leases and valued at over $5,000,000 each.

Looking ahead, Baum Family Investments aims to reach $250 million in acquisitions by the end of 2025, with a pipeline of over $75 million in planned acquisitions for the next two quarters. The firm’s diverse group of partners and investors includes family offices, entrepreneurs, and high-net-worth individuals, all contributing to its continued success and growth.

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