10243 Patriot Hwy - Fast Food FOR SALE


Fredericksburg, VA 22407
$2,558,991 USD
310-558-2029
10243 Patriot Hwy, Fredericksburg, VA for Sale
$2,558,991 USD
Fast Food - FOR SALE
1/5
null | 5.75% Cap Rate

10243 Patriot Hwy
Fredericksburg, VA 22407


HIGHLIGHTS

  • The property features an Absolute Triple Net (NNN) Lease with approximately 18+ years of primary term remaining.
  • The lease includes 1.5% annual rental increases throughout the initial term and option periods, offering a strong hedge against inflation.
  • The property is strategically located on an outparcel to Cosner’s Corner, a 1,000,000+ SF regional power center anchored by Publix, Target & Lowe’s.
  • The site is positioned on Patriot Highway (U.S. Route 1), which boasts high traffic counts of over 55,000+ vehicles per day.
  • The immediate area features a dense concentration of national and credit tenants, including Walmart Supercenter, Kohl’s, PetSmart, Starbucks.
  • Located just 48 miles south of Washington, D.C., the area benefits from strong demographics, with a population exceeding 49,000 residents.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 5,629 SF KFC located at 10243 Patriot Highway in Fredericksburg, VA. The property is secured by an Absolute Triple Net (NNN) Lease with approximately 18+ years of primary term remaining, offering investors a long-term, stable, and passive investment opportunity. With minimal landlord responsibilities and the strength of a globally recognized quick-service restaurant brand, this asset provides predictable cash flow and long-term income security in a well-established retail corridor. In Cooperation With Sands Investment Group, Inc - Lic. ##0226037527 BoR: Tom Gorman - Lic. VA #0225269275

FOR SALE DETAILS

PRICE

$2,558,991 USD

PRICE/SF

$455 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC - Fredericksburg, VA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

-

APN/PARCEL ID

35-A-108B

ASK ABOUT THIS PROPERTY

Tyler McGarrySands Investment Group Santa Monica, LLCMore Info
310-558-2029

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Tyler McGarrySands Investment Group Santa Monica, LLCMore Info
310-558-2029

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.