103 Laurinburg Rd Raeford, NC 28376-2521

This exceptional investment opportunity presents a fee-simple ownership of a 3,174 square foot KFC restaurant located at 103 Laurinburg Rd, Raeford, NC 28376. The property sits on a 1.023-acre lot in a high-traffic retail corridor, directly across from a Food Lion-anchored center. Boasting a 20-year absolute NNN lease with FQSR, LLC (the largest KFC franchisee in the U.S.), this property offers exceptional stability and predictable cash flow. The lease features a 6.00% cap rate and a substantial $132,000 annual net operating income (NOI). Rent increases are built in, with a 7% bump every five years. The lease has two five-year renewal options, extending the investment horizon significantly. Built in 2016, this single-story building benefits from high visibility and accessibility on US 401/Laurinburg Rd, with daily traffic counts exceeding 9,000 vehicles. The property's location within a thriving retail area, coupled with the strength of the KFC brand and the long-term lease, makes this a compelling investment prospect. The tenant, a major player in the fast-food industry, is committed to the location, as evidenced by a planned remodel by the end of 2026. The surrounding area boasts a strong demographic profile, with an average household income within one mile exceeding $147,126. This property offers a rare combination of stability, strong returns, and significant long-term growth potential. The property is zoned C.