104 N Pike St - Fast Food FOR SALE


Grafton, WV 26354
$1,670,000 USD
949-942-6585
104 N Pike St, Grafton, WV for Sale
$1,670,000 USD
Fast Food - FOR SALE
1/7
null | 5.89% Cap Rate

104 N Pike St
Grafton, WV 26354


OVERVIEW

This is a true absolute NNN KFC investment with zero landlord responsibilities. The property has operated continuously since 2008 and is leased to KBP Foods (FQSR, LLC), the largest KFC franchisee in the U.S., operating 800+ locations across 28 states. The lease has approximately 12 years remaining on the primary term, plus two 5-year renewal options, with built-in rent increases. Rent is paid monthly via wire, with no rent abatement and full tenant responsibility for taxes, insurance, maintenance, and capital items. The site is located along North Pike Street (SR-50), Grafton’s primary east–west commercial corridor and the main retail spine serving the trade area. As a county-seat market with limited new retail development, the location benefits from **durable, necessity-based demand.

FOR SALE DETAILS

PRICE

$1,670,000 USD

PRICE/SF

$584 USD /SF

CAP RATE

5.89%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

-

APN/PARCEL ID

46-01- 7-0120.0000

ASK ABOUT THIS PROPERTY

Scott ReidParaSell, Inc.More Info
949-942-6585

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Scott ReidParaSell, Inc.More Info
949-942-6585

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