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520 W 2nd St
Lumberton, NC 28358
KFC - (832 UNIT GUARANTY)- LUMBERTON, NC · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • LONG -TERM LEASE - Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
  • (The largest KFC franchisee in the U.S.) encompasses ±832 locations (+20% of KFC locations in the U.S. system)
  • HIGH TRAFFIC COUNTS/VISIBILITY - Positioned on a large ±1.567-acre lot with excellent visibility/access on W 5th St & NC-72
  • OPERATOR | TENANT - Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states. Tenant - FQSR, LLC
  • Successfully open & operating since 2007 with an attractive 8.80% Rent-to- Sales ratio! Slated to remodel by YE 2030
  • 2023 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 30,677 | Average Household Income (1-MI): $78,482

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,521 SF
Building Class
C
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.57 AC
Zoning
C - Commercial
Frontage
106’ on 2nd St

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3232-01-007
Land Assessment
$213,200
Improvements Assessment
$574,000
Total Assessment
$787,200
  • Listing ID: 35493851

  • Date on Market: 4/15/2025

  • Last Updated:

  • Address: 520 W 2nd St, Lumberton, NC 28358

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