91 Premier Blvd - Fast Food FOR SALE
Roanoke Rapids, NC 27870 |
91 Premier Blvd
Roanoke Rapids, NC 27870
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 and operating for over a decade with sales well above the KFC systemwide average with an attractive 7.98% Rent-to-Sales ratio!
- Well positioned in dominant retail corridor on a large ±1.247-acre lot, adjacent to Walmart Supercenter & across the street from Lowe’s
- 2023 DEMOGRAPHICS: Total Population (5-MI): 26,166 | Average Household Income (1-MI): $78,831
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 – ROANOKE RAPIDS, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
4183
STORIES
1
YEAR BUILT
2021
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
09-07079
