1545 Richmond Rd - Fast Food FOR SALE


Williamsburg, VA 23185
$2,407,742 USD
310-558-2029
1545 Richmond Rd, Williamsburg, VA for Sale
$2,407,742 USD
Fast Food - FOR SALE
1/5
null | 5.75% Cap Rate

1545 Richmond Rd
Williamsburg, VA 23185


HIGHLIGHTS

  • The property features an Absolute Triple Net (NNN) Lease with approximately 18 years of primary term remaining, plus 3, 5-year renewal options.
  • The lease includes 1.5% annual rental increases, offering a reliable hedge against inflation and consistent growth in returns.
  • The property is strategically located on Richmond Road, the primary retail and tourist corridor in Williamsburg.
  • The site is directly adjacent to the Williamsburg Premium Outlets, a major regional draw with over 3.5 million visitors annually.
  • The location is situated between Great Wolf Lodge & the historic Colonial Williamsburg, placing it at the center of the area's robust tourism market.
  • The property is surrounded by a host of national and credit tenants, including McDonald's, ALDI, Chipotle, CVS, and Discount Tire.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 4,188 SF KFC located at 1545 Richmond Road in Williamsburg, Virginia. The property is secured by an Absolute Triple Net (NNN) Lease with approximately 18 years remaining on the primary term, along with 3, 5-year renewal options, offering long-term stability and minimal landlord responsibilities. This high-quality tenancy provides a reliable and predictable income stream, making it an attractive, low-management investment opportunity for passive investors seeking durable cash flow and long-term value. In Cooperation With Sands Investment Group, Inc - Lic. ##0226037527 BoR: Tom Gorman - Lic. VA #0225269275

FOR SALE DETAILS

PRICE

$2,407,742 USD

PRICE/SF

$575 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC - Williamsburg, VA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

B-2

APN/PARCEL ID

3410.743.712

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.