911 E 4th Ave | Red Springs, NC 28377
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- LoopNet Team
911 E 4th Ave
Red Springs, NC 28377
KFC - RED SPRINGS, 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)
- Positioned on a large ±1.319-acre lot - adjacent to Food Lion Anchored Shopping Center, across the street from Dollar General with great visibility/
- Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states.
- Successfully open & operating since 2006 with an attractive 8.24% Rent-to-Sales ratio!
- 2023 DEMOGRAPHICS: Total Population (5-MI): 11,488 | Average Household Income (1-MI): $61,934
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,680 SF
Building Class
C
Year Built
2001
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Lot Size
1.32 AC
Zoning
C
Frontage
182 ft on North Carolina 211
Amenities
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 1705-01-02703 | Improvements Assessment | £487,213 |
| Land Assessment | £220,812 | Total Assessment | £708,025 |
PROPERTY TAXES
Parcel Number
1705-01-02703
Land Assessment
£220,812
Improvements Assessment
£487,213
Total Assessment
£708,025
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