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KFC - Grafton, WV 104 N Pike St 2,862 SF Retail Building Grafton, WV 26354 $2,366,084 CAD ($826.72 CAD/SF) 5.80% Cap Rate



INVESTMENT HIGHLIGHTS
- This KFC is the only quick serve chicken restaurant in the area.
- Tenant pays for the property taxes, insurance and maintains all aspects of the premises.
- KFC is responsible for all damages and casualty repairs, if any.
- The location is just off the primary intersection for North Pike Street becoming the Northwestern Turnpike at Victory Avenue.
- There are no Landlord expenses for the property.
- There is no rent abatement for any reason. Tenant pays rent via wire transfer Ideal, management free investment for a passive investor.
EXECUTIVE SUMMARY
STRONG GUARANTEE AND SITE COMMITMENT
KFC, an essential business and a recession proof Tenant. The
operating entity for KBP Foods is FQSR, LLC; the operations running
over 800 locations in 28 states. KPB Foods is the largest KFC franchisee with
at least 20% of KFC locations for YUM BRANDS. Yum! Brands, Inc.
is an American multinational fast food corporation listed on the
Fortune 1000. Yum! operates the brands KFC, Pizza Hut, Taco Bell,
and The Habit Burger Grill.
GREAT COMMUNITY LOCATION
This KFC is the only quick serve chicken restaurant in the area.
The location is just off the primary intersection for North Pike
Street becoming the Northwestern Turnpike at Victory Avenue.
Nearby is Autozone, McDonald's, Goodwill, Walgreens, NAPA Auto
Parts, Pizza Hut, Dollar General, Cricket, Gomart, Dollar Tree,
Subway, Truist Bank and First Community Bank.
ABSOLUTE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES
Tenant pays for the property taxes, insurance and maintains
all aspects of the premises. There are no Landlord expenses for
the property. KFC is responsible for all damages and
casualty repairs, if any. There is no rent abatement for any
reason. Tenant pays rent via wire transfer Ideal, management
free investment for a passive investor.
INTRINSIC REAL ESTATE VALUE
The site is just one parcel off the signalized intersection of North Pike
Street and Victory Avenue. This location is on the east side
from downtown Grafton. This is one of the primary retail locations
for the City of Grafton. Many single family and multi-family homes in the
immediate area.
KFC, an essential business and a recession proof Tenant. The
operating entity for KBP Foods is FQSR, LLC; the operations running
over 800 locations in 28 states. KPB Foods is the largest KFC franchisee with
at least 20% of KFC locations for YUM BRANDS. Yum! Brands, Inc.
is an American multinational fast food corporation listed on the
Fortune 1000. Yum! operates the brands KFC, Pizza Hut, Taco Bell,
and The Habit Burger Grill.
GREAT COMMUNITY LOCATION
This KFC is the only quick serve chicken restaurant in the area.
The location is just off the primary intersection for North Pike
Street becoming the Northwestern Turnpike at Victory Avenue.
Nearby is Autozone, McDonald's, Goodwill, Walgreens, NAPA Auto
Parts, Pizza Hut, Dollar General, Cricket, Gomart, Dollar Tree,
Subway, Truist Bank and First Community Bank.
ABSOLUTE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES
Tenant pays for the property taxes, insurance and maintains
all aspects of the premises. There are no Landlord expenses for
the property. KFC is responsible for all damages and
casualty repairs, if any. There is no rent abatement for any
reason. Tenant pays rent via wire transfer Ideal, management
free investment for a passive investor.
INTRINSIC REAL ESTATE VALUE
The site is just one parcel off the signalized intersection of North Pike
Street and Victory Avenue. This location is on the east side
from downtown Grafton. This is one of the primary retail locations
for the City of Grafton. Many single family and multi-family homes in the
immediate area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,862 SF
Building Class
C
Year Built/Renovated
2008/2017
Price
$2,366,084 CAD
Price Per SF
$826.72 CAD
Cap Rate
5.80%
NOI
$137,199 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.32 AC
Opportunity Zone
Yes
Frontage
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 46-01- 7-0120.0000 | Improvements Assessment | $173,950 CAD |
| Land Assessment | $13,029 CAD | Total Assessment | $186,979 CAD |
PROPERTY TAXES
Parcel Number
46-01- 7-0120.0000
Land Assessment
$13,029 CAD
Improvements Assessment
$173,950 CAD
Total Assessment
$186,979 CAD
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KFC - Grafton, WV | 104 N Pike St
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