713 Hardy Rd - Fast Food FOR SALE
Vinton, VA 24179 |
$1,911,009 USD
310-558-2029
713 Hardy Rd
Vinton, VA 24179
HIGHLIGHTS
- A Subsidiary of Tasty Restaurant Group (TRG), a Premier Franchise Operator Managing Over 400 Restaurants Across Top-Tier Brands
- Operating Under the Globally Recognized KFC Brand, This Location Benefits From TRG's Extensive Experience and Market Presence
- The Lease Features 1.5% Annual Rental Increases Starting in Year 6, Throughout the Initial Term, and in the Option Periods
- Situated on Hardy Rd., This KFC Benefits From High Visibility and Consistent Traffic, With Over 15,000 Vehicles Passing Daily
- The Property is Strategically Located Near Carilion Roanoke Memorial Hospital, One of the Region's Largest Employers
- The Location is Part of a Well-Established Commercial Corridor, Surrounded By Popular National Retailers like Food Lion, CVS & Dollar Tree
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,188 SF KFC Located at 713 Hardy Road in Vinton, VA. This Deal Includes a 20-Year Absolute NNN With Scheduled Rent Increases & Options and Zero Landlord Responsibilities, Providing For a Secure Investment.
In Cooperation With Sands Investment Group, Inc - Lic. #BoR: Tom Gorman - Lic. VA #0225269275
FOR SALE DETAILS
PRICE
$1,911,009 USD
PRICE/SF
$456 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KFC - Vinton, VA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1978
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.91 AC
LAND SF
39,640 SF
ZONING
GB
APN/PARCEL ID
060-20-03-78
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
310-558-2029
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
310-558-2029
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
