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709 N Jk Powell Blvd
Whiteville, NC 28472
KFC – WHITEVILLE, 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)
- Positioned on a large ±1.628-acre lot (signalized, southwest hard corner) with excellent visibility/access on N JK Powell Blvd & Washington St
- Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states.
- Sales well about the KFC systemwide average & successfully open & operating since 2020 with an attractive 8.22% Rent-to-Sales ratio!
- 2023 DEMOGRAPHICS: Total Population (5-MI): 11,285 | Average Household Income (1-MI): $77,430
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,262 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.63 AC
Zoning
C
Amenities
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 0003916 | Improvements Assessment | $711,200 |
| Land Assessment | $743,200 | Total Assessment | $1,454,400 |
Property Taxes
Parcel Number
0003916
Land Assessment
$743,200
Improvements Assessment
$711,200
Total Assessment
$1,454,400
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