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911 E 4th Ave
Red Springs, NC 28377
KFC (832+ UNIT OPERATOR) - RED SPRINGS, 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!
  • TENANT - FQSR, LLC (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 ±1.319-acre lot - adjacent to Food Lion Anchored Shopping Center
  • OPERATOR | TENANT - Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states.
  • Successfully open & operating since 2006 with an attractive 8.27% Rent-to-Sales ratio! Last remodel was in 2020 with next Slated remodel by 2030
  • 2023 DEMOGRAPHICS: Total Population (5-MI): 11,488 | Average Household Income (1-MI): $61,934

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,680 SF
Building Class
C
Year Built/Renovated
2006/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.32 AC
Zoning
C
Frontage
182’ on North Carolina 211

AMENITIES

  • Restaurant
  • Signage
  • Drive Thru

PROPERTY TAXES

  • Listing ID: 35396394

  • Date on Market: 4/7/2025

  • Last Updated:

  • Address: 911 E 4th Ave, Red Springs, NC 28377