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520 W 2nd St
Lumberton, NC 28358

KFC - (2nd Street) LUMBERTON, 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 ±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
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

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

PROPERTY TAXES

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

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