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    KFC Absolute NNN Restaurant Title is generated by Realmo AI

    604 Memorial Dr, Danville, VA 24541

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    Single-tenant KFC property on an absolute NNN lease with 15+ years remaining and scheduled 7% rent escalations.

    Type:RETAIL
    Property size:
    2,267 SF
    Price / SF:
    $968/SF
    Added:
    Jun 12, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 20 at 4:06 am

    Property Features for 604 Memorial Dr

    General Information

    Standard status
    Active
    Size
    2,267 SF
    Property subtype
    RETAIL

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    Listing Contact
    Justin Zahn
    Justin Zahn

    Listing agent Justin Zahn

    Listing office Commercial Investment Advisors (CIA) - Corporate

    Listing date Jun 12, 2026

    Source Moodyscre

    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 Commercial Investment Advisors (CIA) - Corporate

    HighLights

    • Single‑tenant KFC property on an absolute NNN lease
    • More than 15 years remaining on the initial 20‑year absolute NNN lease
    • Scheduled 7% rent escalations every 5 years
    • Tenant is FQSR, LLC, a large KFC franchisee with about 1,800 locations
    • Tenant operates the KFC restaurants and is described as successfully open & operating for decades
    • Lease attributes include an 8.68% rent‑to‑sales ratio and anticipated sales in excess of $1B in 2026

    Overview

    This KFC restaurant is offered as an absolute NNN, single-tenant investment, with more than 15 years remaining on the initial 20-year lease term. The lease includes 7% rental escalations every five years, creating a structured rent growth schedule. The tenant is FQSR, LLC, which operates the KFC restaurant locations under its franchise footprint.

    The property is located at 604 Memorial Dr in Danville, Virginia.

    FQSR, LLC is described as the largest KFC franchisee in the U.S., and the lease is reported to encompass all KFC restaurant locations operated by the tenant. The remarks indicate the tenant has approximately 1,800 locations and that the operator’s parent company, KBP Foods, operates more than 1,050 locations across four brands in 32 states. The property is also described as successfully open and operating for decades. According to the provided information, the lease performance is supported by an 8.68% rent-to-sales ratio, along with anticipated sales in excess of $1 billion in 2026.
    Location Intelligence

    Current Use by Public Records

    KFC Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Danville
    State
    Virginia
    Longitude
    -79.4000772
    Latitude
    36.5929248

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    FAQs

    What type of property is this?
    Conventional restaurant - Single-tenant KFC property on an absolute NNN lease with 15+ years remaining and scheduled 7% rent escalations.
    Where is this conventional restaurant located?
    The property is located at 604 Memorial Dr Danville, VA.
    What is the asking price?
    The asking price for this property is $2,195,000.
    What are key features of this property?
    This property features: Single‑tenant KFC property on an absolute NNN lease; More than 15 years remaining on the initial 20‑year absolute NNN lease; Scheduled 7% rent escalations every 5 years
    (480) 718-5555 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Justin Zahn
    Justin Zahn
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