Kfc (Strong Sales) Martinsville, Va
$1,894,000
18 Tensbury Drive, Martinsville, VA 24112
5.65
Cap Rate
107,000
NOI
Details:
Highlights:
- LONG-TERM ABSOLUTE NNN LEASE: Over 15 years remaining on Absolute NNN lease with attractive 7.00% rental escalations every 5 years with two 5-year options to renew
- OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,100 locations across 4 brands in 32 states. Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations (+20% of KFC locations in the U.S. system) with anticipated sales in excess of $1 billion in 2026 (FQSR, LLC is the tenant on the lease, encompasses all KFC restaurant locations)
- SEASONED LOCATION: Successfully open & operating for decades with an attractive 8.42% Rent-to- Sales ratio (YE 2025)!
- TRAFFIC COUNTS: Well-positioned on a large ±1.05-acre lot with excellent visibility from Greensboro Rd (main north/south thoroughfare) with traffic counts of 14,321 CPD!
- 2025 DEMOGRAPHICS: Total Population (5MI): 30,964| Average Household Income (1MI): $76,079
Description:
KFC has Over 15 years remaining on Absolute NNN lease with attractive 7.00% rental escalations every 5 years with two 5-year options to renew. The Parent Company of KBP Foods operates ±1,100 locations across 4 brands in 32 states. Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations (+20% of KFC locations in the U.S. system) with anticipated sales in excess of $1 billion in 2026 (FQSR, LLC is the tenant on the lease, encompasses all KFC restaurant locations). It is Successfully open & operating for decades with an attractive 8.42% Rent-to- Sales ratio (YE 2025)!
The Asset is Well-positioned on a large ±1.05-acre lot with excellent visibility from Greensboro Rd (main north/south thoroughfare) with traffic counts of 14,321 CPD! Major retailers within 5-mile vicinity include Walmart, Lowe’s, Marshalls, Belk, Dunham’s Sports, CitiTrends, Roses Discout Store, Maurices, Shoe Dept., Rack Room Shoes, Big Lots, Dollar Tree, Dollar General, Family Dollar, Ollie’s Bargain Outlet, Goodwill, Petsense, Kroger, Food Lion, Aldi, Rural King, Tractor Supply, Harbor Freight Tools, Carpetland, O’Reilly Auto Parts, AutoZone, NAPA Auto Parts, Walgreens, CVS, Planet Fitness, etc. KFC is 7 miles from Patrick & Henry Community College Martinsville - a comprehensive community college offering various degrees & programs serving over 1,930 students; 4 miles from Sovah Health Martinsville - a full-service, acute-care hospital with 220 beds
Investment highlights
Documents:
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kfc.martinsville_PKG.pdf
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Location
Gallery