2021 W Roosevelt Blvd - Fast Food FOR SALE
Monroe, NC 28110 |
2021 W Roosevelt Blvd
Monroe, NC 28110
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)
- High volume sales location (well above the KFC systemwide average)!
- Successfully open & operating for decades with an attractive 8.18% Rent to Sales Ratio!
- 2023 DEMOGRAPHICS: Total Population (5-MI): 51,111 | Average Household Income (1-MI): $92,371
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 - (800+ UNIT OPERATOR) MONROE, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
3276
STORIES
1
YEAR BUILT
2016
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
09-223-071
