348 Whiteville Rd NW | Shallotte, NC 28470
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- LoopNet Team
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
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’ on Whiteville Rd
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 1970005014 | Improvements Assessment | $1,058,220 |
| Land Assessment | $660,580 | Total Assessment | $1,718,800 |
PROPERTY TAXES
Parcel Number
1970005014
Land Assessment
$660,580
Improvements Assessment
$1,058,220
Total Assessment
$1,718,800
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