93 Premier Blvd | Roanoke Rapids, NC 27870
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- LoopNet Team
93 Premier Blvd
Roanoke Rapids, NC 27870
KFC – (832 UNIT GUARANTY) -ROANOKE RAPIDS, 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!
- Successfully open and operating for over a decade with sales well above the KFC systemwide average with an attractive 7.99% Rent-to-Sales ratio
- Across the street from Lowe’s Home Improvement with excellent access/visibility on Premier Blvd - about 1/4 mile west of I-95
- OPERATOR | TENANT - Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states. Tenant - FQSR, LLC (the largest KFC franchi
- HIGH TRAFFIC COUNTS/VISIBILITY - Well positioned in dominant retail corridor on a large ±1.247-acre lot, adjacent to Walmart Supercenter
- VERY AFFLUENT 2023 DEMOGRAPHICS: Total Population (5-MI): 26,166 | Average Household Income (1-MI): $78,831
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,183 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.25 AC
Zoning
C - Commercial
Frontage
114’ on Premier Blvd
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 09-07079 | Improvements Assessment | $908,400 |
| Land Assessment | $462,300 | Total Assessment | $1,370,700 |
Property Taxes
Parcel Number
09-07079
Land Assessment
$462,300
Improvements Assessment
$908,400
Total Assessment
$1,370,700
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