104 N Pike St - Fast Food FOR SALE


Grafton, WV 26354
$1,695,000 USD
513-300-0763
104 N Pike St, Grafton, WV for Sale
$1,695,000 USD
Fast Food - FOR SALE
1/23
null | 5.8% Cap Rate

104 N Pike St
Grafton, WV 26354


HIGHLIGHTS

  • This KFC is the only quick serve chicken restaurant in the area.
  • The location is just off the primary intersection for North Pike Street becoming the Northwestern Turnpike at Victory Avenue.
  • Tenant pays for the property taxes, insurance and maintains all aspects of the premises.
  • There are no Landlord expenses for the property.
  • KFC is responsible for all damages and casualty repairs, if any.
  • There is no rent abatement for any reason. Tenant pays rent via wire transfer Ideal, management free investment for a passive investor.

OVERVIEW

STRONG GUARANTEE AND SITE COMMITMENT KFC, an essential business and a recession proof Tenant. The operating entity for KBP Foods is FQSR, LLC; the operations running over 800 locations in 28 states. KPB Foods is the largest KFC franchisee with at least 20% of KFC locations for YUM BRANDS. Yum! Brands, Inc. is an American multinational fast food corporation listed on the Fortune 1000. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill. GREAT COMMUNITY LOCATION This KFC is the only quick serve chicken restaurant in the area. The location is just off the primary intersection for North Pike Street becoming the Northwestern Turnpike at Victory Avenue. Nearby is Autozone, McDonald's, Goodwill, Walgreens, NAPA Auto Parts, Pizza Hut, Dollar General, Cricket, Gomart, Dollar Tree, Subway, Truist Bank and First Community Bank. ABSOLUTE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES Tenant pays for the property taxes, insurance and maintains all aspects of the premises. There are no Landlord expenses for the property. KFC is responsible for all damages and casualty repairs, if any. There is no rent abatement for any reason. Tenant pays rent via wire transfer Ideal, management free investment for a passive investor. INTRINSIC REAL ESTATE VALUE The site is just one parcel off the signalized intersection of North Pike Street and Victory Avenue. This location is on the east side from downtown Grafton. This is one of the primary retail locations for the City of Grafton. Many single family and multi-family homes in the immediate area.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$592 USD /SF

CAP RATE

5.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC - Grafton, WV

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

-

APN/PARCEL ID

46-01- 7-0120.0000

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

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