18 Tensbury Dr - Fast Food FOR SALE
Martinsville, VA 24112 |
$1,799,000 USD
480-718-5555
18 Tensbury Dr
Martinsville, VA 24112
HIGHLIGHTS
- LONG-TERM ABSOLUTE NNN LEASE: Over 15 years remaining on Absolute NNN lease with attractive 7.00% rental escalations every 5 years
- OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,050 locations across 4 brands in 32 states.
- Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations (+20% of KFC locations in the U.S. system)
- SEASONED LOCATION: Successfully open & operating for decades with an attractive 8.42% Rent-to- Sales ratio (YE 2025)!
- TRAFFIC COUNTS: Well-positioned on a large ±1.05-acre lot with excellent visibility from Greensboro Rd (main north/south thoroughfare)
- 2025 DEMOGRAPHICS: Total Population (5MI): 30,964| Average Household Income (1MI): $76,079
FOR SALE DETAILS
PRICE
$1,799,000 USD
PRICE/SF
$554 USD /SF
CAP RATE
5.95%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KFC – MARTINSVILLE, VA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.05 AC
LAND SF
45,738 SF
ZONING
C
APN/PARCEL ID
046850023
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
480-718-5555
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
480-718-5555
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
