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Investment Highlights

  • Lease Extended Through August 2036 | Tenant recently exercised a renewal option, demonstrating long-term commitment to the location.
  • Surrounded by Major Demand Drivers | River Ridge Mall, Liberty University, Walmart, Target, Sam’s Club, Chick-fil-A, and Hobby Lobby.
  • Ideal 1031 Exchange Opportunity | Passive net lease investment backed by a nationally recognized brand and strong underlying real estate.
  • Prime Wards Road Corridor | Positioned along Wards Rd (41,000 VPD) with access to Lynchburg Expwy (46,000 VPD) and Jerry Falwell Pkwy (52,000 VPD).
  • Strong Regional Demographics | 97K+ Residents, 73K+ Employees, and 119K+ Daytime Population within 5 miles.
  • Also part of a 2-Property Portfolio | Properties can be purchased as a portfolio or individually. KFC 1304 Ave of Mid-America, Effingham, IL 62401

Executive Summary

Strategically located along Lynchburg’s premier retail corridor, this net-leased KFC offers a long-term lease through 2036, absolute NNN structure, and strong traffic exposure near Liberty University, River Ridge Mall, Walmart, and Target. Stable income backed by proven real estate.
** This property is also part of a 2-Property Portfolio**
Properties can be purchased as a portfolio or individually.
1304 Avenue of Mid-America, Effingham, IL 62401
https://www.cbredealflow.com/buyer/agreement?pv=BTOFD6_37615PvhaIveO5LGT-TEZdrBOg064EPeY3P5YLCAUDmMwFPPq1YTDF-Pk

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,172 SF
Building Class
B
Year Built
2002
Price
$2,864,645 CAD
Price Per SF
$686.64 CAD
Cap Rate
6%
NOI
$171,879 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.74 AC
Zoning
B3 - B-3 Commercial, permitting restaurant, retail, and a variety of commercial uses consistent with the current operation
Parking
38 Spaces (9.11 Spaces per 1,000 SF Leased)
Frontage
150’ on Wards Rd
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Huddle House
7 Brew Coffee
Red Lobster
Kroger
Toyota
Bank of America
Crunch Fitness
Waffle House
Cook Out
IHOP

Property Taxes

Property Taxes

Parcel Number
161-01-024
Land Assessment
$824,783 CAD
Improvements Assessment
$1,686,118 CAD
Total Assessment
$2,510,901 CAD
  • Listing ID: 41637164

  • Date on Market: 2026-08-10

  • Last Updated:

  • Address: 2301 Wards Rd, Lynchburg, VA 24502

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