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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
Fast Food
Building Size
3,276 SF
Building Class
C
Year Built
2016
Price
$3,138,000
Price Per SF
$958
Cap Rate
6.15%
NOI
$193,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.30 AC
Frontage
489 FT on Roosevelt Blvd

Amenities

  • Restaurant
  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-223-071
Land Assessment
$913,500
Improvements Assessment
$296,200
Total Assessment
$1,209,700
  • Listing ID: 33522258

  • Date on Market: 7/24/2024

  • Last Updated:

  • Address: 2021 W Roosevelt Blvd, Monroe, NC 28110

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