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209 W Harrison St
Reidsville, NC 27320
KFC - Reidsville, NC · Retail Property For Sale
Investment Highlights
- The tenant is responsible for real estate taxes, insurance, CAM, and all maintenance, repairs, and replacements, including the roof and structure.
- Easy access at W Harrison and Way Street (8,290/5,680 VPD) on the corridor connecting the US 29/158 interchange to downtown Reidsville.
- Rent steps from $92,064 to $101,270 in 2027, with 10% escalations continuing through all four extension terms. Fixed NOI growth.
- The lease is held directly by FQSR, LLC d/b/a KBP Foods, the entity encompassing all KBP restaurant locations, operating ±840 KFCs across 28 states.
- 4 consecutive 5-year renewal options sit behind the 6+ year remaining term, with the 10% escalation schedule continuing through every extension.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 3,015 SF KFC located at 209 W Harrison Street in Reidsville, NC. The property is leased to FQSR, LLC d/b/a KBP Foods, the largest KFC franchisee in the country, on an Absolute Triple Net (NNN) Lease with zero landlord responsibilities. With 6+ years remaining, 4 x 5-year renewal options, and 10% rent increases every 5 years, the asset offers passive income with built-in rental growth backed by an operator of institutional scale. KFC has operated at this signalized corner for over 13 years, alongside national tenants including Walgreens, McDonald's, and CVS.
In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,015 SF
Building Class
C
Year Built/Renovated
1987/2021
Price
$1,416,369
Price Per SF
$469.77
Cap Rate
6.50%
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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