Fast Food For Sale • 4,167 SF
LONG -TERM LEASE - Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years! |
OPERATOR | TENANT - 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! |
HIGH TRAFFIC COUNTS/VISIBILITY - Situated on dominant retail corridor - across the street from Sam’s Club, minutes from Lowe’s, Target, Walmart |
2023 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 58,499 | Average Household Income (1-MI): $80,194 |
Cap Rate: | 6.40 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
KFC |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Rocky Mount (Carolinian - Amtrak, Palmetto - Amtrak, Silver Meteor - Amtrak, Silver Star - Amtrak) | 7 min | - | 2.9 mi |