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2108 Stone Rose Dr
Rocky Mount, NC 27804

$3,366,000 USD

Fast Food For Sale • 4,167 SF

Property Details

Property Type Fast Food
Total Building Size 4,167 SF
Lot Size 0.81 AC
Building Class B
Year Built 2020
Cap Rate 6.15 %
Tenancy Single
Zoning C

17 Transit Score

36 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 8.28% Rent-to- Sales ratio! Slated to remodel by YE 2030 
                            
                                Situated on dominant retail corridor - across the street from Sam’s Club, minutes from Lowe’s, Target, Walmart & Golden East Crossing Shopping Mall 
                            
                                2023 DEMOGRAPHICS: Total Population (5-MI): 58,499 | Average Household Income (1-MI): $80,194

Cap Rate:

6.15 %

Major Tenants

Tenant	SF Occupied	Lease End Date
KFC

Amenities

Restaurant
Signage
Drive Thru

Public Transportation

Commuter Rail	Drive	Walk	Distance
Rocky Mount (Carolinian - Amtrak, Palmetto - Amtrak, Silver Meteor - Amtrak, Silver Star - Amtrak)	7 min	-	2.9 mi

Kendall Carlsen 214-643-6097 Commercial Investment Advisors, INC

2108 Stone Rose Dr Rocky Mount, NC 27804