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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
Fast Food
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

Property Taxes

Parcel Number
046850023
Land Assessment
$266,254 CAD
Improvements Assessment
$850,123 CAD
Total Assessment
$1,116,377 CAD
  • Listing ID: 39749187

  • Date on Market: 2026-02-17

  • Last Updated:

  • Address: 18 Tensbury Dr, Martinsville, VA 24112

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