713 Hardy Rd - Fast Food FOR SALE


Vinton, VA 24179
$1,786,715 USD
310-558-2029
713 Hardy Rd, Vinton, VA for Sale
$1,786,715 USD
Fast Food - FOR SALE
1/5
null | 6.15% Cap Rate

713 Hardy Rd
Vinton, VA 24179


HIGHLIGHTS

  • Strong 80-Unit Corporate Guarantee From Tasty Chick’n, LLC: A Subsidiary of Tasty Restaurant Group (TRG), a Premier Franchise Operator
  • Brand Strength: Operating Under the Globally Recognized KFC Brand, This Location Benefits From TRG’s Extensive Experience and Market Presence
  • Rent Increases & Options: The Lease Features 1.5% Annual Rental Increases Starting in 2030, Throughout the Initial Term, and in the Option Periods
  • Strategic Vinton, VA Location: Situated on Hardy Rd., This KFC Benefits From High Visibility and Consistent Traffic
  • Proximity to Major Economic Drivers: The Property is Strategically Located Near Carilion Roanoke Memorial Hospital

OVERVIEW

Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,188 SF KFC Located at 713 Hardy Road in Vinton, VA. This Deal Includes a 19-Year Absolute Triple Net (NNN) With Scheduled Rent Increases & Options and Zero Landlord Responsibilities, Backed by a Strong National Tenant. In Cooperation With Sands Investment Group, Inc - Lic. #0226037527 BoR: Tom Gorman - Lic. VA #0225269275

FOR SALE DETAILS

PRICE

$1,786,715 USD

PRICE/SF

$427 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC (Roanoke MSA) - Vinton, VA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

GB

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Tyler McGarrySands Investment Group Santa Monica, LLCMore Info
310-558-2029

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

Tyler McGarrySands Investment Group Santa Monica, LLCMore Info
310-558-2029

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