91 Premier Blvd - Fast Food FOR SALE
Roanoke Rapids, NC 27870 |
$2,640,000 USD
214-643-6097
91 Premier Blvd
Roanoke Rapids, NC 27870
HIGHLIGHTS
- LONG -TERM LEASE - 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 (the largest KFC franchi
- Successfully open and operating for over a decade with sales well above the KFC systemwide average with an attractive 7.99% Rent-to-Sales ratio
- HIGH TRAFFIC COUNTS/VISIBILITY - Well positioned in dominant retail corridor on a large ±1.247-acre lot, adjacent to Walmart Supercenter
- Across the street from Lowe’s Home Improvement with excellent access/visibility on Premier Blvd - about 1/4 mile west of I-95
- VERY AFFLUENT 2023 DEMOGRAPHICS: Total Population (5-MI): 26,166 | Average Household Income (1-MI): $78,831
FOR SALE DETAILS
PRICE
$2,640,000 USD
PRICE/SF
$631 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KFC – (832 UNIT GUARANTY) -ROANOKE RAPIDS, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.25 AC
LAND SF
54,450 SF
ZONING
C
APN/PARCEL ID
09-07079
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214-643-6097
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214-643-6097
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