Established KFC Restaurant For
For Sale
Contact for pricing
891 Martin Luther King Jr Way, Harrisonburg, VA
Long-term NNN lease KFC restaurant near James Madison University.
Property Size3,227 SF
Lot Size0.62 Acres
Price / SF$526.81
Days on Market398
Property Features for 891 Martin Luther King Jr Way
General Information
Standard status
Active
Size
3,227 SF
Lot size
0.62 Acres
Property subtype
RETAIL
Listing Agency:
SVN Northco
(952) 820-1600
Listed By:
Jim Guisewhite · License ##0225181417
(540) 325-0573
Source:
Moodyscre
Added: Aug 11, 2025
Changed: Sep 7
Last Checked: Sep 12 at 9:57AM
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 SVN Northco
Investment Insights
Based on property information with market context.
This property features a long-term absolute NNN lease with over 8 years remaining on a 20-year term. The lease includes 5% escalations every five years, with four 5-year options to renew. The tenant, FQSR, LLC, is the largest KFC franchisee in the U.S., operating as KBP Foods with over 1,100 locations across 4 brands in 32 states. The KFC location has been in operation since 1981. Situated in a corridor of growth between James Madison University and Downtown Harrisonburg, the property is located just off of I-81 at Exit #247, with major interchange improvements underway to enhance market access. James Madison University, with its 23,000 students, faculty, and staff, is just over one mile away. The 5-mile trade area supports over 73,000 residents and 51,000 daytime employees, with an average household income of $87,556. The property is suitable for drive-through restaurants, restaurants, retail, and specialty purposes.
Key Highlights
- Long‑term Absolute NNN Lease: Enjoy over 8 years remaining on a 20‑year term.
- Strong Tenant:** Operated by FQSR, LLC, the largest KFC franchisee in the U.S.
- Established Location: KFC has been successfully operating here since 1981.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
366k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 48%
Shops & Services 18%
Dining 16%
Home Improvements & Furnishings 10%
Walmart
Superstores
153,357 visits/mo
0.5 miles
Sheetz
Shops & Services
45,078 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
35,283 visits/mo
0.5 miles
McDonald's
Dining
27,611 visits/mo
0.2 miles
Food Lion Grocery Store
Groceries
25,403 visits/mo
0.0 miles
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Long-term NNN lease KFC restaurant near James Madison University.
Where is this drive through restaurant located?
The property is located at 891 Martin Luther King Jr Way Harrisonburg, VA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Long‑term Absolute NNN Lease: Enjoy over 8 years remaining on a 20‑year term.; Strong Tenant:** Operated by FQSR, LLC, the largest KFC franchisee in the U.S.; Established Location: KFC has been successfully operating here since 1981.
