104 Village Rd NE | Leland, NC 28451
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- LoopNet Team
104 Village Rd NE
Leland, NC 28451
KFC (800+ UNIT OPERATOR)- LELAND, 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)
- Adjacent to a Piggly Wiggly Anchored Shopping Center with excellent visibility access on Village Rd NE with traffic counts of 26,740 CPD!
- 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)
- Successfully open & operating since 2001 with an attractive 8.10% rent to sales ratio! Slated for remodel by YE 2035
- 2023 DEMOGRAPHICS: Total Population (5-MI): 63,684 | Average Household Income (1-MI): $110,038
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,522 SF
Building Class
B
Year Built/Renovated
2001/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.20 AC
Zoning
LE-T5 - Commercial
Frontage
86’ on Village Rd
Amenities
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 038BC021 | Improvements Assessment | $872,770 |
| Land Assessment | $469,200 | Total Assessment | $1,341,970 |
Property Taxes
Parcel Number
038BC021
Land Assessment
$469,200
Improvements Assessment
$872,770
Total Assessment
$1,341,970
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