Log In/Sign Up
Your email has been sent.
KFC - Williamsburg, VA 1545 Richmond Rd 4,188 SF Retail Building Williamsburg, VA 23185 $2,407,742 ($574.91/SF) 5.75% Cap Rate
Investment Highlights
- The property features an Absolute Triple Net (NNN) Lease with approximately 18 years of primary term remaining, plus 3, 5-year renewal options.
- The property is strategically located on Richmond Road, the primary retail and tourist corridor in Williamsburg.
- The location is situated between Great Wolf Lodge & the historic Colonial Williamsburg, placing it at the center of the area's robust tourism market.
- The lease includes 1.5% annual rental increases, offering a reliable hedge against inflation and consistent growth in returns.
- The site is directly adjacent to the Williamsburg Premium Outlets, a major regional draw with over 3.5 million visitors annually.
- The property is surrounded by a host of national and credit tenants, including McDonald's, ALDI, Chipotle, CVS, and Discount Tire.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 4,188 SF KFC located at 1545 Richmond Road in Williamsburg, Virginia. The property is secured by an Absolute Triple Net (NNN) Lease with approximately 18 years remaining on the primary term, along with 3, 5-year renewal options, offering long-term stability and minimal landlord responsibilities. This high-quality tenancy provides a reliable and predictable income stream, making it an attractive, low-management investment opportunity for passive investors seeking durable cash flow and long-term value.
In Cooperation With Sands Investment Group, Inc - Lic. ##0226037527 BoR: Tom Gorman - Lic. VA #0225269275
In Cooperation With Sands Investment Group, Inc - Lic. ##0226037527 BoR: Tom Gorman - Lic. VA #0225269275
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,188 SF
Building Class
C
Year Built
2005
Price
$2,407,742
Price Per SF
$574.91
Cap Rate
5.75%
NOI
$138,445
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.97 AC
Zoning
B-2 - high-intensity, auto-oriented commercial uses along major highways, including retail, services, and hotels
Parking
39 Spaces (9.31 Spaces per 1,000 SF Leased)
Frontage
143’ on Richmond Rd
Amenities
- Pylon Sign
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- KFC
- Accommodation and Food Services
- 4,188 SF
- $33.05
- May 2044
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| KFC | Accommodation and Food Services | 4,188 SF | $33.05 | May 2044 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 3410.743.712 | Improvements Assessment | $1,015,700 |
| Land Assessment | $856,900 | Total Assessment | $1,872,600 |
Property Taxes
Parcel Number
3410.743.712
Land Assessment
$856,900
Improvements Assessment
$1,015,700
Total Assessment
$1,872,600
Contacts
-
Tyler McGarry -
Adam Scherr -
Chase Martino -
Thomas Gorman -
Sands Investment Group Santa Monica, LLC
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
KFC - Williamsburg, VA | 1545 Richmond Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.