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348 Whiteville Rd NW
Shallotte, NC 28470

KFC – SHALLOTTE, 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 ±2.183-ACRE LOT - across the street from Lowe’s Home Improvement with great visibility/access on Whiteville Rd NW
  • Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states.
  • Successfully open & operating since 2008 with an attractive 8.28% rent to sales ratio! Slated for remodel by 2030
  • 2023 DEMOGRAPHICS: Total Population (5-MI): 15,364 | Average Household Income (1-MI): $105,886

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
4,066 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.18 AC
Zoning
HB - Fast Food/Restaurant
Frontage
82 FT on Whiteville Rd

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1970005014
Land Assessment
$660,580
Improvements Assessment
$1,058,220
Total Assessment
$1,718,800
  • Listing ID: 33362439

  • Date on Market: 10/1/2024

  • Last Updated:

  • Address: 348 Whiteville Rd NW, Shallotte, NC 28470

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