891 Martin Luther King Jr Way Harrisonburg, VA

Listing agency SVN Northco j***@svn.com Show Phone

Listed by Jim Guisewhite · License #0225181417 Show Phone

Source Moodyscre

Added: Aug 11, 2025 Updated: Jul 6 at 10:25AM Checked: Jul 21 at 4:14AM

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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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FAQs

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.