348 Whiteville Rd NW - Fast Food FOR SALE
Shallotte, NC 28470 |
348 Whiteville Rd NW
Shallotte, NC 28470
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 2008 with an attractive 8.28% rent to sales ratio! Slated for remodel by 2030
- Positioned on a LARGE ±2.183-ACRE LOT - across the street from Lowe’s Home Improvement with great visibility/access on Whiteville Rd NW
- 2023 DEMOGRAPHICS: Total Population (5-MI): 15,364 | Average Household Income (1-MI): $105,886
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 – SHALLOTTE, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
4006
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
1970005014
