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1003 Dallas Cherryville Hwy
Dallas, NC 28034
KFC - (800+ UNIT OPERATOR) DALLAS, NC · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- Generated sales in excess of $1 billion in 2023 (FQSR, LLC is the tenant on the lease, encompasses all restaurant locations)
- Attractive 8.24% Rent to Sales Ratio! Slated for remodel by YE 2028
- KBP Foods (the largest KFC franchisee in the U.S.) operates ±800 locations in 28 states (+20% of KFC locations in the U.S. system)
- Blocks from the Gaston College Dallas Campus (5,345 students) and successfully open & operating for decades
- 2023 DEMOGRAPHICS: Total Population (5-MI): 65,601 | Average Household Income (1-MI): $84,945
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,549 SF
Building Class
B
Year Built/Renovated
1997/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.85 AC
Zoning
B-1
Frontage
57’ on Dallas Cherryville Hwy
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 171291 | Improvements Assessment | $526,950 |
| Land Assessment | $370,260 | Total Assessment | $897,210 |
Property Taxes
Parcel Number
171291
Land Assessment
$370,260
Improvements Assessment
$526,950
Total Assessment
$897,210
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