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KFC - Vinton, VA 713 Hardy Rd

4,188 SF Retail Building Vinton, VA 24179 $2,687,643 CAD ($642 CAD/SF) 5.75% Cap Rate

Retail Space Virginia Vinton 713 Hardy Rd, Vinton, VA 24179

Investment Highlights

  • A Subsidiary of Tasty Restaurant Group (TRG), a Premier Franchise Operator Managing Over 400 Restaurants Across Top-Tier Brands
  • The Lease Features 1.5% Annual Rental Increases Starting in Year 6, Throughout the Initial Term, and in the Option Periods
  • The Property is Strategically Located Near Carilion Roanoke Memorial Hospital, One of the Region's Largest Employers
  • Operating Under the Globally Recognized KFC Brand, This Location Benefits From TRG's Extensive Experience and Market Presence
  • Situated on Hardy Rd., This KFC Benefits From High Visibility and Consistent Traffic, With Over 15,000 Vehicles Passing Daily
  • The Location is Part of a Well-Established Commercial Corridor, Surrounded By Popular National Retailers like Food Lion, CVS & Dollar Tree

Executive Summary

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

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,188 SF
Building Class
C
Year Built
1978
Price
$2,687,643 CAD
Price Per SF
$642 CAD
Cap Rate
5.75%
NOI
$154,539 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Land Acres
0.91 AC
Zoning
GB

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Tasty Chick’n, LLC
  • Accommodation and Food Services
  • 4,188 SF
  • $36.90 CAD
  • Sep 2044
Tenant Industry SF OCCUPIED RENT/SF Lease End
Tasty Chick’n, LLC Accommodation and Food Services 4,188 SF $36.90 CAD Sep 2044

Links

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PROPERTY TAXES

Parcel Number 060-20-03-78 Improvements Assessment $1,106,794 CAD
Land Assessment $298,595 CAD Total Assessment $1,405,389 CAD

PROPERTY TAXES

Parcel Number
060-20-03-78
Land Assessment
$298,595 CAD
Improvements Assessment
$1,106,794 CAD
Total Assessment
$1,405,389 CAD
(310) 558-2029

  • Listing ID: 33482137

  • Date on Market: 2024-10-11

  • Last Updated:

  • Address: 713 Hardy Rd, Vinton, VA 24179

The Retail Property at 713 Hardy Rd, Vinton, VA 24179 is currently available For Sale. Contact Sands Investment Group Santa Monica, LLC for more information.

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KFC - Vinton, VA | 713 Hardy Rd
(310) 558-2029 x

KFC - Vinton, VA | 713 Hardy Rd

1/4

Tyler McGarry

(310) 558-2029

(310) 558-2029

Adam Scherr

(310) 853-1266

(310) 853-1266

Thomas Gorman

(610) 550-8884

(610) 550-8884

Jonathan Silver

(844) 474-4666

(844) 474-4666

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