810 S Craig Ave | Covington, VA 24426
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- LoopNet Team
810 S Craig Ave
Covington, VA 24426
KFC · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute-Net Lease (Zero Landlord Responsibilities): 18.5+ Years Remain with 7% Increases Every 5 Years Including the Two, 5 Year Options to Extend th
- Strong Franchisee Guaranty: Leased by KBP Foods the Largest KFC Franchisee in the U.S. which Operates 840+ Locations in 28+ States.
- 30 Years of Operation: KFC has Operated at this Location Since 1993 and Remodeled This Location in 2018 Showing Commitment to The Site.
- Across Street From Covington High School: A Short Walk from KFC Covington High School has 360+ Students.
- Limited QSR Competition: KFC is One of Three Quick Service Restaurants with a Drive-Thru in a 2-Mile Radius of Downtown. Those other QSR’s Include Har
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,217 SF
Building Class
C
Year Built/Renovated
1993/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.02 AC
Zoning
C3
Parking
39 Spaces (17.59 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Number | 018-0A-0000-00005 | Improvements Assessment | $474,700 |
| Land Assessment | $177,700 | Total Assessment | $652,400 |
PROPERTY TAXES
Parcel Number
018-0A-0000-00005
Land Assessment
$177,700
Improvements Assessment
$474,700
Total Assessment
$652,400
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