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520 W 2nd St
Lumberton, NC 28358

$2,000,000 USD

Fast Food For Sale  •  3,556 SF

Property Details

• Property Type Fast Food
• Total Building Size 3,521 SF
• Lot Size 1.75 AC
• Building Class C
• Year Built 2007
• Cap Rate 6.15 %
• Tenancy Single
• Zoning M1

0 Transit Score

49 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 since 2007 with an attractive 8.72% Rent-to- Sales ratio! Slated to remodel by YE 2030

Positioned on a large ±1.567-acre lot with excellent visibility/access on W 5th St & NC-72 with traffic counts of 13,968 CPD!

2023 DEMOGRAPHICS: Total Population (5-MI): 110,070 | Average Household Income (1-MI): $147,126

Cap Rate:

6.15 %

Major Tenants

Tenant	SF Occupied	Lease End Date
KFC

Amenities

• Dedicated Turn Lane
• Pylon Sign
• Restaurant
• Signage
• Drive Thru

Public Transportation

Airport	Drive	Walk	Distance
Fayetteville Regional/Grannis Field	38 min	-	29.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes