219 S Main St | Shelby, NC 28152
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219 S Main St
Shelby, NC 28152
KFC | TACO BELL - BOILING SPRINGS, NC · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- Will Generate Sales in Excess of $1 Billion in 2022 (FQSR, LLC is the Tenant on the Lease, Encompasses All Restaurant Locations)
- Positioned on Main North/South Thoroughfare in Boiling Springs with Great Access/Visibility on Main St where Traffic Counts Exceed 9,360 CPD!
- KBP Foods (the Largest KFC Franchisee in the U.S.) Operates ±850 Locations in 27 States (20% of Locations in the U.S. System)
- Successfully Open & Operating for Decades with an Attractive 7.80% Rent to Sales Ratio! Slated for Remodel in YE 2027
- Total Population: 14,509 | Average Household Income: $61,181
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,970 SF
Building Class
B
Year Built
1997
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
0.81 AC
Zoning
C - Commercial
Parking
20 Spaces (5.27 Spaces per 1,000 SF Leased)
Frontage
100 FT on S Main St
Amenities
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Number | 559 | Improvements Assessment | $700,233 |
| Land Assessment | $181,318 | Total Assessment | $881,551 |
PROPERTY TAXES
Parcel Number
559
Land Assessment
$181,318
Improvements Assessment
$700,233
Total Assessment
$881,551
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