2108 Stone Rose Dr - Fast Food FOR SALE
Rocky Mount, NC 27804 |
$3,234,000 USD
214-643-6097
2108 Stone Rose Dr
Rocky Mount, NC 27804
HIGHLIGHTS
- LONG -TERM LEASE - Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- OPERATOR | TENANT - Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states. Tenant - FQSR, LLC (largest KFC franchisee)
- HIGH SALES VOLUME - Sales well above the KFC Systemwide Average with an attractive 8.28% Rent-to- Sales ratio!
- Slated to remodel by YE 2030 - showing Tenant’s commitment to this location!
- HIGH TRAFFIC COUNTS/VISIBILITY - Situated on dominant retail corridor - across the street from Sam’s Club, minutes from Lowe’s, Target & Walmart
- 2023 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 58,499 | Average Household Income (1-MI): $80,194
FOR SALE DETAILS
PRICE
$3,234,000 USD
PRICE/SF
$776 USD /SF
CAP RATE
6.4%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KFC - (832 UNIT GUARANTY) - ROCKY MOUNT, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.81 AC
LAND SF
35,284 SF
ZONING
C
APN/PARCEL ID
3840-12-86-8396
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
214-643-6097
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
214-643-6097
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
