Freestanding Restaurant with
6975 George Washington Memorial Hwy Gloucester, VA
For Sale
Contact for pricing
Freestanding restaurant with a new 15-year lease.
Property Size2,200 SF
Lot Size1.09 Acres
Days on Market476
Property Features for 6975 George Washington Memorial Hwy
General Information
Standard status
Active
Size
2,200 SF
Lot size
1.09 Acres
Property subtype
RETAIL
Listing Agency:
SRS Real Estate Partners - Atlanta
(770) 402-3432
Listed By:
Philip Wellde
(703) 268-0854
Source:
Moodyscre
Added: Apr 10, 2025
Changed: Jul 10
Last Checked: Jul 21 at 5:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners - Atlanta
Investment Insights
Based on property information with market context.
The property is a restaurant intended for use as a KFC location. The tenant, KFC, will enter into a new 15-year lease at the close of escrow, with 4 (5-year) options to extend. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. There are over 30,000 KFC restaurants in 150 countries and territories around the world. The property size is 2,200 square feet and is located at 6975 George Washington Memorial Hwy, Gloucester, VA.
Key Highlights
- Brand new 15‑year lease with KFC, a major international brand, demonstrating long‑term tenant commitment.
- Lease includes 10% rental increases every 5 years, providing steadily growing Net Operating Income (NOI).
- Rental increases hedge against inflation, protecting investment value.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Freestanding restaurant with a new 15-year lease.
Where is this drive through restaurant located?
The property is located at 6975 George Washington Memorial Hwy Gloucester, VA.
What are key features of this property?
This property features: Brand new 15‑year lease with KFC, a major international brand, demonstrating long‑term tenant commitment.; Lease includes 10% rental increases every 5 years, providing steadily growing Net Operating Income (NOI).; Rental increases hedge against inflation, protecting investment value.
