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- LoopNet Team
2160 John Wayland Hwy
Harrisonburg, VA 22801
KFC | A&W · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Drive Thru
ABOUT 2160 JOHN WAYLAND HWY , HARRISONBURG, VA 22801
Long-Term Lease: 17+ years remaining on the primary term of the lease allowing an investor to recapture the entire $1,400,000 purchase price over the life of the lease. Rental Increases: 7.5% rental increases every 5 years; next increase in 2019. High Quality Construction Updated to KFC' s Latest Prototype Large 1.24 Acre Parcel; Well Parked at 10:1 Drive-Thru Location with Large Car Stack Pad to a Walmart Supercenter: Pad site to a 150,000 SF Walmart Supercenter. National retailers in the immediate trade area include Food Lion, CVS, Circle K, Dollar Tree, BB&T Bank, Subway, Arby' s, and CATO. College Town: 2 miles from James Madison University (24,000 students). Explosive Growth: The 1-mile trade area grew by 36.58% from 2000-2016; 42,000+ people within 3-miles and an average household income of $65,500.
PROPERTY TAXES
| Parcel Number | 108-12-L3 | Improvements Assessment | $866,100 |
| Land Assessment | $376,100 | Total Assessment | $1,242,200 |
PROPERTY TAXES
