Property History
KFC has Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years! The Tenant, KBP Foods (the Largest KFC Franchisee in the U.S.) Operates ±850 Locations in 27 States (20% of Locations in the U.S. System) and will Generate Sales in Excess of $1 Billion in 2022 (FQSR, LLC is the Tenant on the Lease, Encompasses All Restaurant Locations). KFC has Successfully Open & Operating for Decades with an Attractive 7.80% Rent to Sales Ratio! Slated for Remodel in YE 2027 - Showing Tenant’s Commitment to this Location! Boiling Springs has retailers such as Ingles, Dollar Tree, Dollar General, O’Reilly Auto Parts, NAPA Auto Parts, CVS, etc.; Dining options such as McDonald’s, Chick-Fil-A, Papa John’s, Subway, Bojangles, etc.; City of Shelby (10 miles east) has retailers such as Walmart, Lowe’s Home Improvement, Hobby Lobby, Belk, Marshalls, Burkes Outlet, Dunham’s Sports, Citi Trends, Big Lots, Tractor Supply Co., Harbor Freight Tools, Food Lion, and Family Dollar; Across the street from Gardner-Webb University - a private, Christian university offering more than 80 undergraduate & graduate majors with 3,393 students; 10.5 miles from Atrium Health Cleveland Shelby - a 241-bed hospital serving greater Cleveland County & the surrounding region.
In Association with North Carolina Designated Broker:
Brian Brockman | Bang Realty-North Carolina | License # 298998
· Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
· KBP Foods (the Largest KFC Franchisee in the U.S.) Operates ±850 Locations in 27 States (20% of Locations in the U.S. System) and will Generate Sales in Excess of $1 Billion in 2022 (FQSR, LLC is the Tenant on the Lease, Encompasses All Restaurant Locations)
· Successfully Open & Operating for Decades with an Attractive 7.80% Rent to Sales Ratio! Slated for Remodel in YE 2027 - Showing Tenant’s Commitment to this Location!
· YUM! Brands is No Longer Issuing New Dual-Brand Franchisee Agreements. This Store is Grandfathered in Offering the Best of YUM! Brands Under One Roof!
· Positioned on Main North/South Thoroughfare in Boiling Springs with Great Access/Visibility on Main St where Traffic Counts Exceed 9,360 CPD!
· Total Population: 14,509 | Average Household Income: $61,181
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