2108 Stone Rose Dr - Fast Food FOR SALE
Rocky Mount, NC 27804 |
2108 Stone Rose Dr
Rocky Mount, NC 27804
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 8.28% Rent-to- Sales ratio! Slated to remodel by YE 2030
- Situated on dominant retail corridor - across the street from Sam’s Club, minutes from Lowe’s, Target, Walmart & Golden East Crossing Shopping Mall
- 2023 DEMOGRAPHICS: Total Population (5-MI): 58,499 | Average Household Income (1-MI): $80,194
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) ROCKY MOUNT, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
4167
STORIES
1
YEAR BUILT
2020
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
3840-12-86-8396
