Log In/Sign Up
Your email has been sent.
KFC 104 N Pike St 2,862 SF Retail Building Grafton, WV 26354 $1,670,000 ($583.51/SF) 5.89% Cap Rate
Executive Summary
This is a true absolute NNN KFC investment with zero landlord responsibilities. The property has operated continuously since 2008 and is leased to KBP Foods (FQSR, LLC), the largest KFC franchisee in the U.S., operating 800+ locations across 28 states.
The lease has approximately 12 years remaining on the primary term, plus two 5-year renewal options, with built-in rent increases. Rent is paid monthly via wire, with no rent abatement and full tenant responsibility for taxes, insurance, maintenance, and capital items.
The site is located along North Pike Street (SR-50), Grafton’s primary east–west commercial corridor and the main retail spine serving the trade area. As a county-seat market with limited new retail development, the location benefits from **durable, necessity-based demand.
The lease has approximately 12 years remaining on the primary term, plus two 5-year renewal options, with built-in rent increases. Rent is paid monthly via wire, with no rent abatement and full tenant responsibility for taxes, insurance, maintenance, and capital items.
The site is located along North Pike Street (SR-50), Grafton’s primary east–west commercial corridor and the main retail spine serving the trade area. As a county-seat market with limited new retail development, the location benefits from **durable, necessity-based demand.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,862 SF
Building Class
C
Year Built/Renovated
2008/2018
Price
$1,670,000
Price Per SF
$583.51
Cap Rate
5.89%
NOI
$98,286
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.32 AC
Opportunity Zone
Yes
Parking
16 Spaces (5.59 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Restaurant
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 46-01- 7-0120.0000 | Improvements Assessment | $123,300 |
| Land Assessment | $9,240 | Total Assessment | $132,540 |
Property Taxes
Parcel Number
46-01- 7-0120.0000
Land Assessment
$9,240
Improvements Assessment
$123,300
Total Assessment
$132,540
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
KFC | 104 N Pike St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.