Entity Owned Property summary
This exceptional investment opportunity presents a fee-simple ownership of a 3,002 square foot KFC restaurant located at 1354 E Broad Ave, Rockingham, NC 28379. The property sits on a 0.716-acre lot and benefits from a brand new 20-year absolute NNN lease with FQSR, LLC, the largest KFC franchisee in the U.S., expiring July 31, 2044. This lease includes two 5-year renewal options and features a 7% rent increase every five years. The property boasts a 6.15% cap rate and a current NOI of… $212,000. Built in 2016, this single-story building enjoys a prime location on a pad site adjacent to a Lowe's Home Improvement store, at a hard corner with a signalized intersection. The high-traffic location on E Broad Ave sees 25,166 cars per day, providing excellent visibility and accessibility. Sales significantly exceed the KFC systemwide average, resulting in an attractive 7.99% rent-to-sales ratio. The tenant is slated for a remodel by the end of 2026, demonstrating their long-term commitment to this location. The surrounding area includes a mix of national retailers such as Belk, Ross Dress for Less, Walmart, and numerous other businesses. The property is also conveniently located less than three miles from Richmond Community College and less than one mile from FirstHealth Moore Regional Hospital. 2023 demographics show a total population within a five-mile radius of 30,081 and an average household income within one mile of $74,180. This is a rare opportunity to acquire a high-performing, long-term net lease investment with a strong tenant and excellent location. The property is zoned C.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 1.14 ac
- APN
- 747202565834
- Zoning
- B3
- Assessed value · 2024
- $415,126
- Annual tax · 2024
- $3,113
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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