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Kfc – Mount Airy, Nc

$2,206,000

2120 Rockford Street, Mount Airy, NC 27030

Active
Last Updated: 10/08/2025

6.5

Cap Rate

143,632

NOI

Details:
Cap Rate:    6.5%
NOI:    $143,632
Building Size:    3,287 sqft
Lot Area:    1 acres
Occupancy:    100%
Lease Type:    Absolute Net
Year Built:    2018
Zoning:    C
Tenancy:    Single
Lease Expire Year:    12/30/2032
Highlights:
  • OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states. Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±832 locations (+20% of KFC locations in the U.S. system) with anticipated sales in excess of $1.1 billion in 2025 (FQSR, LLC is the tenant on the lease, encompasses all KFC restaurant locations)
  • LARGE PARCEL | TRAFFIC COUNTS: Positioned on a large ±1.01-acre lot great visibility and convenient access on Rockford St/US-601 with traffic counts of 26,496 CPD! Pad site to ALDI -across the street from Tractor Supply, Bealls & Dollar General
  • SEASONED LOCATION: Successfully open & operating for decades with rent-to-sales below 10%
  • 2025 DEMOGRAPHICS: Total Population (5MI): 26,982 | Average Household Income (1MI): $73,346
  • ABSOLUTE NNN LEASE: Absolute NNN lease with 10% rental increase scheduled for 2027 and every 5 years with four 5-year options to renew
Description:

KFC has an Absolute NNN lease with attractive 10% rental increase scheduled for 2027 and every 5 years with four 5-year options to renew The Tenant, Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states. Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±832 locations (+20% of KFC locations in the U.S. system) with anticipated sales in excess of $1.1 billion in 2025 (FQSR, LLC is the tenant on the lease, encompasses all KFC restaurant locations). It is Successfully open & operating for decades with rent-to-sales below 10%.



The Asset is Positioned on a large ±1.01-acre lot great visibility and convenient access on Rockford St/US-601 with traffic counts of 26,496 CPD! Pad site to ALDI -across the street from Tractor Supply, Bealls & Dollar General. Mt. Airy has major retailers including Walmart, Lowe’s, Belk, Hibbett Sports, Big Lots, Ollie’s Bargain Outlet, Tractor Supply Co., Harbor Freight Tools, AutoZone, Napa Auto Parts, Aldi, Food Lion, Goodwill, Advanced Auto Parts, Staples, Sally, Cost Cutters, Aaron’s, Hobby Lobby, Enterprise, Holiday Inn Express, Quality Inn, Hampton Inn, Dollar Tree, Lowes Foods, Dollar General, Family Dollar, and Walgreens. KFC is 9 miles from Surry Community College - a public community college that annually serves 3,100 curriculum students seeking certificates, diplomas, or degrees; 1 mile from Northern Regional Hospital - a 133-bed hospital independent nonprofit hospital serving the northwest Piedmont region and neighboring counties in Virginia. NRH offers a wide range of services including a state-of-the-art surgery center, advanced imaging (CT, MRI, ultrasound, 3D mammography) and cardiac rehabilitation

Map:
Documents:
Title
kfc.mtairy_PKG.pdf
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Location
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