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103 Laurinburg Rd
Raeford, NC 28376

KFC (800+ UNIT OPERATOR) – RAEFORD, NC · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
  • Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±832 locations (+20% of KFC locations in the U.S. system)
  • Situated in dominant retail corridor (across from Food Lion Grocery Anchored Center) on a large ±1.023-acre lot
  • Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states.
  • Successfully open & operating for decades with an attractive 8.04% Rent-to-Sales ratio! Slated for remodel by YE 2026
  • 2023 DEMOGRAPHICS: Total Population (5-MI): 110,070 | Average Household Income (1-MI): $147,126

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,331 SF
Building Class
C
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.01 AC
Zoning
Commercial - Commercial
Parking
20 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
192’ on Fayetteville Road

AMENITIES

  • Restaurant
  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
694241201039
Land Assessment
$631,720
Improvements Assessment
$660,667
Total Assessment
$1,292,387
  • Listing ID: 33858076

  • Date on Market: 2024-11-13

  • Last Updated:

  • Address: 103 Laurinburg Rd, Raeford, NC 28376

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