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209 W Harrison St
Reidsville, NC 27320
Retail Property For Sale
Investment Highlights
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) lease, meaning zero landlord responsibilities.
- Experienced Operator | KBP Brands operates 1,100+ locations nationwide
- Proven Location | KFC has operated in this location for over 13 years, demonstrating the strength of the site and its continued success over time.
- Structured Hedge Against Inflation | Lease includes 10% rent increases every 5 years
- Over 7 Years | The lease has over 7 years remaining in the base term, providing long-term stability and cash flow.
- Signalized Corner | Positioned at a signalized corner, providing high visibility and easy access, which increases traffic to the site.
Executive Summary
SAB Capital is pleased to present the exclusive offering of a single-tenant, net-leased KFC located in Reidsville, North Carolina. This exceptional investment is secured by an absolute triple net (NNN) lease with over 7 years of remaining term along with 10% rent increases every 5 years and four 5-year options.
KFC currently operates over 3,900 locations in the USA and is one of the most recognized brands globally, operating over 28,000 locations worldwide. Backed by an extremely experienced operator, with KBP Brands as the franchisee (1,100+ Locations), this lease offers secure, long-term cash flow from a best-in-class operator.
Strategically located in the heart of Reidsville, the property benefits from superior visibility, signage, and access. KFC has been operating at this location for over 13 years. The nearby surrounding retail space includes national tenants such as Walgreen's, CVS, Dollar General, McDonalds' and many others.
With its strong real estate fundamentals, triple-net lease structure, franchisee track record, and premier location, this offering represents a truly passive, low-risk opportunity.
KFC currently operates over 3,900 locations in the USA and is one of the most recognized brands globally, operating over 28,000 locations worldwide. Backed by an extremely experienced operator, with KBP Brands as the franchisee (1,100+ Locations), this lease offers secure, long-term cash flow from a best-in-class operator.
Strategically located in the heart of Reidsville, the property benefits from superior visibility, signage, and access. KFC has been operating at this location for over 13 years. The nearby surrounding retail space includes national tenants such as Walgreen's, CVS, Dollar General, McDonalds' and many others.
With its strong real estate fundamentals, triple-net lease structure, franchisee track record, and premier location, this offering represents a truly passive, low-risk opportunity.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,015 SF
Building Class
C
Year Built/Renovated
1987/2008
Price
$1,601,114
Price Per SF
$531.05
Cap Rate
5.75%
NOI
$92,064
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.49 AC
Zoning
GB/RD - General Business
Parking
39 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
166’ on W Harrison
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 150033 | Improvements Assessment | $366,255 |
| Land Assessment | $95,073 | Total Assessment | $461,328 |
Property Taxes
Parcel Number
150033
Land Assessment
$95,073
Improvements Assessment
$366,255
Total Assessment
$461,328
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