212 N Washington St - Fast Food FOR SALE
Wadesboro, NC 28170 |
212 N Washington St
Wadesboro, NC 28170
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)
- Successfully open & operating since 2018 with an attractive 8.22% rent to sales ratio (sales well above national average)!
- This parcel sits on a LARGE ±2.078-ACRE lot - well-positioned in Downtown Wadesboro - close proximity to Food Lion & Tractor Supply Co.
- 2023 DEMOGRAPHICS: Total Population (5-MI): 9,260 | Average Household Income (1-MI): $60,044
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 – WADESBORO, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
3284
STORIES
1
YEAR BUILT
1990
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
6474-12-75-6299-00
