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911 E 4th Ave
Red Springs, NC 28377

$2,293,000 USD

Fast Food For Sale  •  3,680 SF

Property Details

• Property Type Fast Food
• Total Building Size 3,680 SF
• Lot Size 1.32 AC
• Building Class C
• Year Built 2001
• Cap Rate 6.15 %
• Tenancy Single
• Zoning C

0 Transit Score

39 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 2006 with an attractive 8.24% Rent-to-Sales ratio!

Positioned on a large ±1.319-acre lot - adjacent to Food Lion Anchored Shopping Center, across the street from Dollar General with great visibility/

2023 DEMOGRAPHICS: Total Population (5-MI): 11,488 | Average Household Income (1-MI): $61,934

Cap Rate:

6.15 %

Major Tenants

Tenant	SF Occupied	Lease End Date
KFC

Amenities

• Restaurant
• Signage
• Drive Thru

Public Transportation

Airport	Drive	Walk	Distance
Fayetteville Regional/Grannis Field	38 min	-	24.8 mi