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103 Laurinburg Rd
Raeford, NC 28376

$2,200,000 USD

Fast Food For Sale  •  3,331 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,331 SF
  • Lot Size 1.01 AC
  • Building Class C
  • Year Built 2016
  • Cap Rate 6.00 %
  • Tenancy Single
0 Transit Score
55 Walk Score

Highlights

Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states.
Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±832 locations (+20% of KFC locations in the U.S. system)
Successfully open & operating for decades with an attractive 8.04% Rent-to-Sales ratio! Slated for remodel by YE 2026
Situated in dominant retail corridor (across from Food Lion Grocery Anchored Center) on a large ±1.023-acre lot
2023 DEMOGRAPHICS: Total Population (5-MI): 110,070 | Average Household Income (1-MI): $147,126
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
KFC

Amenities

  • Restaurant
  • Signage
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Fayetteville Regional/Grannis Field 37 min - 24.6 mi
Kendall Carlsen 214-643-6097 Commercial Investment Advisors, INC
Kendall Carlsen 214-643-6097 Commercial Investment Advisors, INC