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91 Premier Blvd
Roanoke Rapids, NC 27870

$2,700,000 USD

Fast Food For Sale  •  4,183 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 4,183 SF
  • Lot Size 1.25 AC
  • Building Class B
  • Year Built 2021
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning C
0 Transit Score
56 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 and operating for over a decade with sales well above the KFC systemwide average with an attractive 7.98% Rent-to-Sales ratio!
Well positioned in dominant retail corridor on a large ±1.247-acre lot, adjacent to Walmart Supercenter & across the street from Lowe’s
2023 DEMOGRAPHICS: Total Population (5-MI): 26,166 | Average Household Income (1-MI): $78,831
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
KFC

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Research In Progress Research In Progress
Research In Progress Research In Progress