409 E King St - Fast Food FOR SALE
Kings Mountain, NC 28086 |
409 E King St
Kings Mountain, NC 28086
HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- KBP Foods Operates ±820 Locations in 27 States (20% of Locations in the U.S. System) and will Generate Sales in Excess of $1 Billion in 2022
- Successfully Open & Operating for Decades with an Attractive 8.00% Rent to Sales Ratio! Slated for Remodel YE 2027 - Showing Tenant’s Commitment
- ±2.24-Acre Parcel with Great Visibility & Access on E King St where Traffic Counts Exceed 12,510 CPD! Just West of York Rd (12,679 CPD)
- 2021 DEMOGRAPHICS (5-MI): Total Population: 29,485 | Average Household Income: $55,881
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 - KINGS MOUNTAIN, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
3558
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
22
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
7048
