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18 Tensbury Dr
Martinsville, VA 24112
KFC – MARTINSVILLE, VA · Retail Property For Sale


Investment Highlights
- LONG-TERM ABSOLUTE NNN LEASE: Over 15 years remaining on Absolute NNN lease with attractive 7.00% rental escalations every 5 years
- Tenant - FQSR, LLC (the largest KFC franchisee in the U.S.) encompasses ±800 locations (+20% of KFC locations in the U.S. system)
- TRAFFIC COUNTS: Well-positioned on a large ±1.05-acre lot with excellent visibility from Greensboro Rd (main north/south thoroughfare)
- OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,050 locations across 4 brands in 32 states.
- SEASONED LOCATION: Successfully open & operating for decades with an attractive 8.42% Rent-to- Sales ratio (YE 2025)!
- 2025 DEMOGRAPHICS: Total Population (5MI): 30,964| Average Household Income (1MI): $76,079
Executive Summary
(Building & Land) Fee Simple
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,249 SF
Building Class
C
Year Built
1988
Price
$2,451,929 CAD
Price Per SF
$754.67 CAD
Cap Rate
5.95%
NOI
$145,835 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.05 AC
Opportunity Zone
Yes
Zoning
C
Frontage
111’ on Tensbury Drive
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
- Monument Signage
Property Taxes
| Parcel Number | 046850023 | Improvements Assessment | $850,123 CAD |
| Land Assessment | $266,254 CAD | Total Assessment | $1,116,377 CAD |
Property Taxes
Parcel Number
046850023
Land Assessment
$266,254 CAD
Improvements Assessment
$850,123 CAD
Total Assessment
$1,116,377 CAD
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