2000 N Roberts Ave - Fast Food FOR SALE
Lumberton, NC 28358 |
$3,414,000 USD
214-643-6097
2000 N Roberts Ave
Lumberton, NC 28358
HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states. Tenant - FQSR, LLC
- Anticipated sales in excess of $1.1 billion in 2024 (FQSR, LLC is the tenant on the lease, encompasses all KFC restaurant locations)
- SEASONED LOCATION: Successfully open & operating since 2018 with an attractive 8.64% Rent-to- Sales ratio!
- TRAFFIC COUNTS: Positioned on a ±0.968-acre lot with excellent visibility/access on N Roberts Ave (main north/south thoroughfare in Lumberton
- 2024 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 31,540 | Average Household Income (1-MI): $70,851
FOR SALE DETAILS
PRICE
$3,414,000 USD
PRICE/SF
$941 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KFC – (ROBERTS) LUMBERTON, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
46
LAND DETAILS
LAND ACRES
0.97 AC
LAND SF
42,253 SF
ZONING
C
APN/PARCEL ID
1009-02-00502,1009-02-00502A
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214-643-6097
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214-643-6097
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