1354 E Broad Ave | Rockingham, NC 28379
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- LoopNet Team
1354 E Broad Ave
Rockingham, NC 28379
KFC - (800+ UNIT OPERATOR) ROCKINGHAM, 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)
- Well positioned on a pad site to a Lowe’s Home Improvement Shopping Center
- 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)
- Sales well above the KFC Systemwide Average with an attractive 7.99% Rent-to- Sales ratio!
- 2023 DEMOGRAPHICS: Total Population (5-MI): 30,081 | Average Household Income (1-MI): $74,180
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,002 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.72 AC
Zoning
C
Frontage
103’ on East Broad Avenue
AMENITIES
- Restaurant
- Signage
- Drive Thru
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