List Search

2108 Stone Rose Dr
Rocky Mount, NC 27804

$3,324,375 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 6.40 %
  • Tenancy Single
  • Zoning C
17 Transit Score
36 Walk Score

Highlights

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

Property Flyers

Cap Rate: 6.40 %

Major Tenants

Tenant SF Occupied Lease End Date
KFC

Amenities

  • Restaurant
  • Signage
  • Drive Thru

Public Transportation

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