212 N Washington St | Wadesboro, NC 28170
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- LoopNet Team
212 N Washington St
Wadesboro, NC 28170
KFC - WADESBORO, NC · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±832 locations (+20% of KFC locations in the U.S. system)
- This parcel sits on a LARGE ±2.078-ACRE lot - well-positioned in Downtown Wadesboro - close proximity to Food Lion & Tractor Supply Co.
- Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states.
- Successfully open & operating since 2018 with an attractive 8.22% rent to sales ratio (sales well above national average)!
- 2023 DEMOGRAPHICS: Total Population (5-MI): 9,260 | Average Household Income (1-MI): $60,044
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,367 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.08 AC
Zoning
C
Frontage
299’ on East Caswell Street
PROPERTY TAXES
| Parcel Number | 6474-16-74-9896-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,199,700 |
PROPERTY TAXES
Parcel Number
6474-16-74-9896-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,199,700
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