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1354 E Broad Ave
Rockingham, NC 28379

$3,447,000 USD

Fast Food For Sale  •  3,002 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,002 SF
  • Lot Size 0.72 AC
  • Building Class B
  • Year Built 2016
  • Cap Rate 6.15 %
  • Tenancy Single
  • Zoning C
0 Transit Score
51 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)
Sales well above the KFC Systemwide Average with an attractive 7.99% Rent-to- Sales ratio!
Well positioned on a pad site to a Lowe’s Home Improvement Shopping Center
2023 DEMOGRAPHICS: Total Population (5-MI): 30,081 | Average Household Income (1-MI): $74,180
Cap Rate: 6.15 %

Major Tenants

Tenant SF Occupied Lease End Date
KFC 3,002 SF 7/31/2044

Amenities

  • Restaurant
  • Signage
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Hamlet Amtrak Station (Silver Star - Amtrak) 7 min - 4.2 mi
Kendall Carlsen 214-643-6097 Commercial Investment Advisors, INC
Kendall Carlsen 214-643-6097 Commercial Investment Advisors, INC