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520 W 2nd St | Lumberton, NC 28358
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This Retail Property is no longer advertised on LoopNet.com.
520 W 2nd St
Lumberton, NC 28358
KFC - (2nd Street) LUMBERTON, NC · Retail Property For Sale
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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 ±1.567-acre lot with excellent visibility/access on W 5th St & NC-72 with traffic counts of 13,968 CPD!
- Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states.
- Successfully open & operating since 2007 with an attractive 8.72% Rent-to- Sales ratio! Slated to remodel by YE 2030
- 2023 DEMOGRAPHICS: Total Population (5-MI): 110,070 | Average Household Income (1-MI): $147,126
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Fast Food
- General Retail Bank
- General Retail Restaurant
- General Retail Storefront
Building Size
3,521 SF
Building Class
C
Year Built/Renovated
2007/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.75 AC
Zoning
M1
Frontage
- 106 FT on 2nd St
- 93 FT on 5th St
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
LINKS
PROPERTY TAXES
Parcel Number | 3232-01-007 | Improvements Assessment | $574,000 |
Land Assessment | $213,200 | Total Assessment | $787,200 |
PROPERTY TAXES
Parcel Number
3232-01-007
Land Assessment
$213,200
Improvements Assessment
$574,000
Total Assessment
$787,200
Listing ID: 33950435
Date on Market: 11/21/2024
Last Updated:
Address: 520 W 2nd St, Lumberton, NC 28358
The Retail Property at 520 W 2nd St, Lumberton, NC 28358 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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