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209 W Harrison St
Reidsville, NC 27320

$1,416,369 USD

Fast Food For Sale  •  3,015 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,015 SF
  • Lot Size 0.49 AC
  • Building Class C
  • Year Built 1987
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning GB/RD
50 Walk Score

Highlights

The tenant is responsible for real estate taxes, insurance, CAM, and all maintenance, repairs, and replacements, including the roof and structure.
The lease is held directly by FQSR, LLC d/b/a KBP Foods, the entity encompassing all KBP restaurant locations, operating ±840 KFCs across 28 states.
Easy access at W Harrison and Way Street (8,290/5,680 VPD) on the corridor connecting the US 29/158 interchange to downtown Reidsville.
4 consecutive 5-year renewal options sit behind the 6+ year remaining term, with the 10% escalation schedule continuing through every extension.
Rent steps from $92,064 to $101,270 in 2027, with 10% escalations continuing through all four extension terms. Fixed NOI growth.
Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
KFC 3,015 SF 12/31/2032

Amenities

  • Signage
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Piedmont Triad International 44 min - 30.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 39
Type: Surface
Included in Rent: Yes
Jonathan Silver 818-416-2800 Sands Investment Group Santa Monica, LLC
Jonathan Silver 818-416-2800 Sands Investment Group Santa Monica, LLC