13900 Independence Blvd | Indian Trail, NC 28079
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13900 Independence Blvd
Indian Trail, NC 28079
KFC (800+ UNIT OPERATOR)- INDIAN TRAIL, 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 in Dominate Retail Corridor on a large ±1.154-acre lot with excellent visibility/access on Hwy 74
- 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 for decades with an attractive 7.89% Rent-to-Sales ratio! Slated for next remodel by YE 2035
- 2023 DEMOGRAPHICS: Total Population (5-MI): 115,087 | Average Household Income (1-MI): $133,472
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,530 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.15 AC
Zoning
RBD - Residential Business District
Parking
46 Spaces (13.03 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 07-084-405-C | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,247,200 |
PROPERTY TAXES
Parcel Number
07-084-405-C
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,247,200
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