409 E King St | Kings Mountain, NC 28086
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- LoopNet Team
409 E King St
Kings Mountain, NC 28086
KFC - KINGS MOUNTAIN, NC · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- Successfully Open & Operating for Decades with an Attractive 8.00% Rent to Sales Ratio! Slated for Remodel YE 2027 - Showing Tenant’s Commitment
- 2021 DEMOGRAPHICS (5-MI): Total Population: 29,485 | Average Household Income: $55,881
- KBP Foods Operates ±820 Locations in 27 States (20% of Locations in the U.S. System) and will Generate Sales in Excess of $1 Billion in 2022
- ±2.24-Acre Parcel with Great Visibility & Access on E King St where Traffic Counts Exceed 12,510 CPD! Just West of York Rd (12,679 CPD)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,558 SF
Building Class
C
Year Built/Renovated
1997/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.24 AC
Zoning
C
Parking
22 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Number | 7048 | Improvements Assessment | $614,736 |
| Land Assessment | $231,040 | Total Assessment | $845,776 |
PROPERTY TAXES
Parcel Number
7048
Land Assessment
$231,040
Improvements Assessment
$614,736
Total Assessment
$845,776
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