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KFC – ROANOKE RAPIDS, NC 91 Premier Blvd

4,183 SF Retail Building Roanoke Rapids, NC 27870 $3,878,415 CAD ($927 CAD/SF) 6% Cap Rate

Retail Space North Carolina Roanoke Rapids 91 Premier Blvd, Roanoke Rapids, NC 27870

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)
  • Well positioned in dominant retail corridor on a large ±1.247-acre lot, adjacent to Walmart Supercenter & across the street from Lowe’s
  • Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states.
  • Successfully open and operating for over a decade with sales well above the KFC systemwide average with an attractive 7.98% Rent-to-Sales ratio!
  • 2023 DEMOGRAPHICS: Total Population (5-MI): 26,166 | Average Household Income (1-MI): $78,831

Executive Summary

(Building & Land) Fee Simple

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,183 SF
Building Class
B
Year Built
2021
Price
$3,878,415 CAD
Price Per SF
$927 CAD
Cap Rate
6%
NOI
$232,705 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.25 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C
Frontage
114 ft on Premier Blvd

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • KFC
  • Accommodation and Food Services
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
KFC Accommodation and Food Services - - -

Links

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Nearby Major Retailers

Woodforest National Bank
Rent-A-Center
Waffle House
First Citizens Bank
Applebee's
Logan's Roadhouse
Truist
Ruby Tuesday
Cook Out
Hwy 55 Burgers Shakes & Fries

PROPERTY TAXES

Parcel Number 09-07079 Improvements Assessment $1,302,709 CAD
Land Assessment $662,971 CAD Total Assessment $1,965,680 CAD

PROPERTY TAXES

Parcel Number
09-07079
Land Assessment
$662,971 CAD
Improvements Assessment
$1,302,709 CAD
Total Assessment
$1,965,680 CAD
  • Research In Progress
    Research In Progress
  • Research In Progress

  • Listing ID: 34394071

  • Date on Market: 2024-07-25

  • Last Updated:

  • Address: 91 Premier Blvd, Roanoke Rapids, NC 27870

The Retail Property at 91 Premier Blvd, Roanoke Rapids, NC 27870 is currently available for sale. Contact Research In Progress for more information.

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KFC Roanoke Rapids
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KFC – ROANOKE RAPIDS, NC | 91 Premier Blvd

KFC – ROANOKE RAPIDS, NC | 91 Premier Blvd

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