2021 W Roosevelt Blvd | Monroe, NC 28110
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2021 W Roosevelt Blvd
Monroe, NC 28110
KFC - (800+ UNIT OPERATOR) MONROE, 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)
- Successfully open & operating for decades with an attractive 8.18% Rent to Sales Ratio!
- Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states.
- High volume sales location (well above the KFC systemwide average)!
- 2023 DEMOGRAPHICS: Total Population (5-MI): 51,111 | Average Household Income (1-MI): $92,371
Executive Summary
(Building & Land) Fee Simple
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,276 SF
Building Class
C
Year Built
2016
Price
$4,462,644 CAD
Price Per SF
$1,362 CAD
Cap Rate
6.15%
NOI
$274,471 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.30 AC
Frontage
Amenities
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 09-223-071 | Improvements Assessment | $415,308 CAD |
| Land Assessment | $1,280,837 CAD | Total Assessment | $1,696,145 CAD |
PROPERTY TAXES
Parcel Number
09-223-071
Land Assessment
$1,280,837 CAD
Improvements Assessment
$415,308 CAD
Total Assessment
$1,696,145 CAD
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