2120 Rockford St - Fast Food FOR SALE


Mount Airy, NC 27030
$2,124,000 USD
480-718-5555
2120 Rockford St, Mount Airy, NC for Sale
$2,124,000 USD
Fast Food - FOR SALE
1/8
null | 6.75% Cap Rate

2120 Rockford St
Mount Airy, NC 27030


HIGHLIGHTS

  • ABSOLUTE NNN LEASE: Absolute NNN lease with 10% rental increase scheduled for 2027 and every 5 years with four 5-year options to renew
  • OPERATOR | TENANT: 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)
  • LARGE PARCEL | TRAFFIC COUNTS: Positioned on a large ±1.01-acre lot great visibility and convenient access on Rockford St/US-601
  • Traffic counts of 26,496 CPD! Pad site to ALDI -across the street from Tractor Supply, Bealls & Dollar General
  • 2025 DEMOGRAPHICS: Total Population (5MI): 26,982 | Average Household Income (1MI): $73,346

OVERVIEW

KFC has an Absolute NNN lease with attractive 10% rental increase scheduled for 2027 and every 5 years with four 5-year options to renew The Tenant, 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) with anticipated sales in excess of $1.1 billion in 2025 (FQSR, LLC is the tenant on the lease, encompasses all KFC restaurant locations). It is Successfully open & operating for decades with rent-to-sales below 10%. The Asset is Positioned on a large ±1.01-acre lot great visibility and convenient access on Rockford St/US-601 with traffic counts of 26,496 CPD! Pad site to ALDI -across the street from Tractor Supply, Bealls & Dollar General. Mt. Airy has major retailers including Walmart, Lowe’s, Belk, Hibbett Sports, Big Lots, Ollie’s Bargain Outlet, Tractor Supply Co., Harbor Freight Tools, AutoZone, Napa Auto Parts, Aldi, Food Lion, Goodwill, Advanced Auto Parts, Staples, Sally, Cost Cutters, Aaron’s, Hobby Lobby, Enterprise, Holiday Inn Express, Quality Inn, Hampton Inn, Dollar Tree, Lowes Foods, Dollar General, Family Dollar, and Walgreens. KFC is 9 miles from Surry Community College - a public community college that annually serves 3,100 curriculum students seeking certificates, diplomas, or degrees; 1 mile from Northern Regional Hospital - a 133-bed hospital independent nonprofit hospital serving the northwest Piedmont region and neighboring counties in Virginia. NRH offers a wide range of services including a state-of-the-art surgery center, advanced imaging (CT, MRI, ultrasound, 3D mammography) and cardiac rehabilitation.

FOR SALE DETAILS

PRICE

$2,124,000 USD

PRICE/SF

$682 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC – MOUNT AIRY, NC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

ETJ

APN/PARCEL ID

5929-10-46-0652

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.