131 Bethany Church Rd | Forest City, NC 28043
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- LoopNet Team
131 Bethany Church Rd
Forest City, NC 28043
KFC - FOREST CITY, NC · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- Successfully Open & Operating for Decades with an Attractive 8.00% Rent to Sales Ratio!
- Large ±2.40-Acre Lot- Situated on a Signalized, Hard Corner with Great Visibility & Access on College Ave where Traffic Counts Exceed 35,950 CPD!
- KBP Foods Operates ±820 Locations in 27 States (20% of Locations in the U.S. System) and will Generate Sales in Excess of $1 Billion in 2022
- Recently Remodeled this Year to Latest “American Showman” Prototype! Next Remodel Slated for YE 2032 - Showing Tenant’s Commitment to the Location!
- 2021 DEMOGRAPHICS: Total Population (5-MI): 26,031 | Average Household Income (3-MI): $59,151
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,199 SF
Building Class
C
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.40 AC
Zoning
Commercial
Parking
42 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
452’ on Crestview Drive
AMENITIES
- Corner Lot
- Restaurant
- Signage
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Number | 431986 | Improvements Assessment | $326,100 |
| Land Assessment | $258,400 | Total Assessment | $584,500 |
PROPERTY TAXES
Parcel Number
431986
Land Assessment
$258,400
Improvements Assessment
$326,100
Total Assessment
$584,500
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