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KFC (800+ UNIT OPERATOR) - BENNETTSVILLE, SC 15 State S-35-447 rd

3,329 SF Retail Building Bennettsville, SC 29512 $2,233,000 ($671/SF) 6% Cap Rate

Retail Space South Carolina Bennettsville 15 State S-35-447 rd, Bennettsville, SC 29512

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 on hard corner/signalized intersection (LARGE ±2.028-ACRE PARCEL) with excellent visibility/access
  • Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states.
  • Sales well above the KFC Systemwide Average with an attractive 7.98% Rent-to-Sales ratio!
  • 2023 DEMOGRAPHICS: Total Population (5-MI): 14,180 | Average Household Income (1-MI): $55,761

Executive Summary

(Building & Land) Fee Simple

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,329 SF
Building Class
C
Year Built
2023
Price
$2,233,000
Price Per SF
$671
Cap Rate
6%
NOI
$134,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.02 AC
Zoning
C-2

Amenities

  • Restaurant
  • Signage
  • Drive Thru
  • Air Conditioning

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

Rent-A-Center
Cook Out
First Citizens Bank

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0391202033
  • 0391202007
 Improvements Assessment $0
Land Assessment $0 Total Assessment $21,100

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0391202033
  • 0391202007
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$21,100
(214) 643-6097

Contact

  • Listing ID: 34144210

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 15 State S-35-447 rd, Bennettsville, SC 29512

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KFC (800+ UNIT OPERATOR) - BENNETTSVILLE, SC | 15 State S-35-447 rd
(214) 643-6097 x

KFC (800+ UNIT OPERATOR) - BENNETTSVILLE, SC | 15 State S-35-447 rd

Kendall Carlsen

(214) 643-6097

(214) 643-6097

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