104 Village Rd NE - Fast Food FOR SALE
Leland, NC 28451 |
104 Village Rd NE
Leland, NC 28451
HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- KBP Foods (the largest KFC franchisee in the U.S.) operates ±800 locations in 28 states (+20% of KFC locations in the U.S. system)
- Generated sales in excess of $1 billion in 2023 (FQSR, LLC is the tenant on the lease, encompasses all restaurant locations)
- Successfully open & operating since 2001 with an attractive 8.10% rent to sales ratio! Slated for remodel by YE 2035
- Adjacent to a Piggly Wiggly Anchored Shopping Center with excellent visibility access on Village Rd NE with traffic counts of 26,740 CPD!
- 2023 DEMOGRAPHICS: Total Population (5-MI): 63,684 | Average Household Income (1-MI): $110,038
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
KFC (800+ UNIT OPERATOR)- LELAND, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Freestanding, Restaurant
TOTAL BUILDING SIZE
3522
STORIES
1
YEAR BUILT
2001
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
038BC021
