2021 Roosevelt BlvdMonroe, NC 28110
Monroe, NC KFC: 20-year lease, strong ROI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 115
Highlights
- $3,138,000 asking price for this 3,276 square foot retail property.
- Absolute NNN lease with KFC (FQSR, LLC, the largest US franchisee) through July 31, 2044, with two 5-year renewal options and 7% rent bumps every 5 years.
- High-volume location with an 8.18% rent-to-sales ratio, significantly exceeding KFC system averages; scheduled for remodel by year-end 2026.
- Excellent visibility and accessibility on a 1.308-acre lot on Andrew Jackson Highway, boasting 63,735 cars per day traffic counts.
- Strong demographics: 51,111 population within 5 miles and $92,371 average household income within 1 mile.
Property Details for 2021 Roosevelt Blvd
- Property type
- Retail properties, Restaurants
- Square Feet
- 3,276 SF
- Year Built
- 2016
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 56,976 SF
- Units
- 1
Location Insight
- City
- Monroe
- County
- Union
- State
- North Carolina
- Latitude
- 35.0033158
- Longitude
- -80.5553684
Nearby Similar for Sale
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