Fast Food For Sale • 2,828 SF
| 9 years remaining on initial 20-year Absolute NNN lease with attractive 10% rental escalations every 5 years with four 5-year options to renew. |
| KBP Foods (the largest KFC franchisee in the U.S.) operates ±840 locations in 28 states (+20% of KFC locations in the U.S. system) |
| Will generate sales in excess of $1 billion in 2023 (FQSR, LLC is the tenant on the lease, encompasses all restaurant locations) |
| Successfully open & operating for decades and remodeled to the latest American Showman prototype - showing tenant’s commitment to this location! |
| Excellent drive-by visibility/access on Monticello Ave (main North/South thoroughfare) where traffic counts exceed 23,520 CPD! |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 5 min | - | 2.1 mi | |
| Transit/Subway | Drive | Walk | Distance |
| Monticello (Tide Light Rail - Hampton Roads Transit (HRT)) | 2 min | 19 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Norfolk International | 13 min | - | 5.9 mi |
| Newport News/Williamsburg International | 41 min | - | 27.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 29 |
| Type: | Surface |
| Included in Rent: | Yes |