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Established KFC Restaurant For Sale

891 Martin Luther King Jr Way, Harrisonburg, VA

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For Sale

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Long-term NNN lease KFC restaurant near James Madison University.

Type:RETAIL

Property size:

3,227 SF

Lot size:

0.62 Acres

Price / SF:

$526/SF

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.
Favorable Lease Terms: Benefit from 5% escalations every five years with four 5‑year options to renew.
Strategic Location: Situated in a growth corridor near James Madison University and Downtown Harrisonburg, just off I‑81.
Strong Demographics: The 5‑mile trade area supports a large residential and employee base.

We can help!

Listing Contact

Jim Guisewhite

For Sale

Contact for pricing

Long-term NNN lease KFC restaurant near James Madison University.

Type:RETAIL

Property size:

3,227 SF

Lot size:

0.62 Acres

Price / SF:

$526/SF

Added:: Aug 11, 2025
Days on Market:: 305
Last Refresh:: May 20 at 8:49 pm

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

We can help!

Listing Contact

Jim Guisewhite

Listing agent Jim Guisewhite License ##0225181417

Listing office SVN Northco

Listing date Aug 11, 2025

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 SVN Northco

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.
Favorable Lease Terms: Benefit from 5% escalations every five years with four 5‑year options to renew.
Strategic Location: Situated in a growth corridor near James Madison University and Downtown Harrisonburg, just off I‑81.
Strong Demographics: The 5‑mile trade area supports a large residential and employee base.

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Drive through restaurants

Suggested Use

Location Insight

Map
Local Demand

City: Harrisonburg
County: Harrisonburg
State: Virginia
Longitude: -78.8551
Latitude: 38.4414

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For sale
Drive through restaurants
VA
Harrisonburg
891 Martin Luther King Jr Way

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.

891 Martin Luther King Jr Way, Harrisonburg, VA

Long-term NNN lease KFC restaurant near James Madison University.

Property Features for 891 Martin Luther King Jr Way

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Commercial Flex Space

Professional Office Building on Route 33

Downtown Harrisonburg Office Building

Versatile Commercial Building in Harrisonburg

Medical Office Condo For Sale

Harrisonburg Commercial Building on Market

Spacious Farmhouse with Creek Access

Professional Office Building For Sale

Downtown Harrisonburg Two-Story Office Building

Harrisonburg Commercial Building with Showroom

Fully Leased Triplex Investment

Historic Building in Central Business District

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