1354 E Broad Ave - Fast Food FOR SALE
Rockingham, NC 28379 |
1354 E Broad Ave
Rockingham, NC 28379
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)
- Sales well above the KFC Systemwide Average with an attractive 7.99% Rent-to- Sales ratio!
- Well positioned on a pad site to a Lowe’s Home Improvement Shopping Center
- 2023 DEMOGRAPHICS: Total Population (5-MI): 30,081 | Average Household Income (1-MI): $74,180
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) ROCKINGHAM, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
3002
STORIES
1
YEAR BUILT
2016
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
74720256583401
