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KFC – ROANOKE RAPIDS, NC 91 Premier Blvd

4,183 SF Retail Building Roanoke Rapids, NC 27870 $2,700,000 ($645/SF) 6% Cap Rate

Retail Space North Carolina Roanoke Rapids 91 Premier Blvd, Roanoke Rapids, NC 27870

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)
  • Well positioned in dominant retail corridor on a large ±1.247-acre lot, adjacent to Walmart Supercenter & across the street from Lowe’s
  • Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states.
  • Successfully open and operating for over a decade with sales well above the KFC systemwide average with an attractive 7.98% Rent-to-Sales ratio!
  • 2023 DEMOGRAPHICS: Total Population (5-MI): 26,166 | Average Household Income (1-MI): $78,831

Executive Summary

(Building & Land) Fee Simple

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,183 SF
Building Class
B
Year Built
2021
Price
$2,700,000
Price Per SF
$645
Cap Rate
6%
NOI
$162,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.25 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C
Frontage
114 FT on Premier Blvd

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • KFC
  • Accommodation and Food Services
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
KFC Accommodation and Food Services - - -

Links

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Nearby Major Retailers

Woodforest National Bank
Rent-A-Center
Waffle House
First Citizens Bank
Applebee's
Logan's Roadhouse
Truist
Ruby Tuesday
Cook Out
Hwy 55 Burgers Shakes & Fries

PROPERTY TAXES

Parcel Number 09-07079 Improvements Assessment $908,400
Land Assessment $462,300 Total Assessment $1,370,700

PROPERTY TAXES

Parcel Number
09-07079
Land Assessment
$462,300
Improvements Assessment
$908,400
Total Assessment
$1,370,700
  • Research In Progress
    Research In Progress
  • Research In Progress

  • Listing ID: 34394071

  • Date on Market: 7/25/2024

  • Last Updated:

  • Address: 91 Premier Blvd, Roanoke Rapids, NC 27870

More public record information on 91 Premier Blvd, Roanoke Rapids, NC 27870

The Retail Property at 91 Premier Blvd, Roanoke Rapids, NC 27870 is currently available for sale. Contact Research In Progress for more information.

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KFC Roanoke Rapids
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KFC – ROANOKE RAPIDS, NC | 91 Premier Blvd

KFC – ROANOKE RAPIDS, NC | 91 Premier Blvd

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