KFC NNN
For Sale
Contact for pricing
1804 S Miami Blvd, Durham, NC 27703
Quick-service restaurant leased on a long-term triple-net basis with scheduled rent increases.
Property SizeContact for details
Days on Market144
Property Features for 1804 S Miami Blvd
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
4.95%
Building Details
Year Renovated
2022
Listing Agency:
Marcus & Millichap - Fort Lauderdale
(561) 706-9646
Listed By:
Barry Wolfe · License #FL SL 702613
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 8:43PM
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 Marcus & Millichap - Fort Lauderdale
Investment Insights
Based on property information with market context.
The KFC restaurant at 1804 S Miami Blvd in Durham, North Carolina, is structured under a 20-year triple-net lease with approximately 17 years remaining. The agreement provides 10 percent rent increases every five years during the base term and option periods, with no landlord responsibilities identified. The building received a full exterior renovation in 2022, while a full interior renovation was planned for late 2022.
Luihn VantEdge Partners operates more than 180 restaurants across Arizona, Florida, North Carolina, South Carolina, and Virginia. The property is within the Raleigh-Durham-Chapel Hill metro area, a region described as having nearly 2.3 million people. Durham Technical Community College is less than four miles away and has total enrollment exceeding 19,600 students.
Luihn VantEdge Partners operates more than 180 restaurants across Arizona, Florida, North Carolina, South Carolina, and Virginia. The property is within the Raleigh-Durham-Chapel Hill metro area, a region described as having nearly 2.3 million people. Durham Technical Community College is less than four miles away and has total enrollment exceeding 19,600 students.
Key Highlights
- KFC restaurant at 1804 S Miami Blvd, Durham, NC 27703
- 20‑year triple‑net lease with approximately 17 years remaining
- 10 percent rent increases every five years during base term and option periods
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
256
Businesses Nearby
131k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 79%
Shops & Services 21%
Bojangles' Famous Chicken 'n Biscuits
Dining
33,435 visits/mo
0.2 miles
Cook Out
Dining
25,679 visits/mo
0.4 miles
McDonald's
Dining
20,197 visits/mo
0.2 miles
Wendy's
Dining
16,240 visits/mo
0.0 miles
BP
Shops & Services
12,792 visits/mo
0.5 miles
Demographics for 27703, NC
61,539
Population
27,122
Households
2.3
Avg Household Size
36
Median Age
45%
College-Educated
88%
High-School Grad
49.1 sq mi
ZIP Area
1,253
Density / Sq Mi
$86,953
Median Household Income
$51,462
Median Earnings
$1,469
Median Rent
$340,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Quick-service restaurant leased on a long-term triple-net basis with scheduled rent increases.
Where is this nnn property located?
The property is located at 1804 S Miami Blvd Durham, NC.
What are key features of this property?
This property features: KFC restaurant at 1804 S Miami Blvd, Durham, NC 27703; 20‑year triple‑net lease with approximately 17 years remaining; 10 percent rent increases every five years during base term and option periods
