808 Highway 301 N - Fast Food FOR SALE
Dillon, SC 29536 |
$2,679,000 USD
214-643-6097
808 Highway 301 N
Dillon, SC 29536
HIGHLIGHTS
- LONG -TERM LEASE - Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- OPERATOR - 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)
- HIGH SALES VOLUMES - (well above KFC systemwide average)! Successfully open & operating for decades with an attractive 8.26% Rent-to-Sales ratio
- HIGH TRAFFIC COUNTS/VISIBILITY - Well-positioned (adjacent to the McLeod Dillon Hospital) with excellent visibility/ access on S Second Ave
- DEMOGRAPHICS: Total Population (5-MI): 14,518 | Average Household Income (1-MI): $71,493
FOR SALE DETAILS
PRICE
$2,679,000 USD
PRICE/SF
$758 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KFC (832+ UNIT OPERATOR)- DILLON, SC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.96 AC
LAND SF
41,818 SF
ZONING
C
APN/PARCEL ID
059-07-09-003
ASK ABOUT THIS PROPERTY
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214-643-6097
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214-643-6097
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