2108 Stone Rose Dr, Rocky Mount, NC 27804-2556

This exceptional investment opportunity presents a fee-simple ownership of a 4,167 square foot KFC restaurant located at 2108 Stone Rose Dr, Rocky Mount, NC 27804. The property boasts a brand-new 20-year absolute NNN lease with the largest KFC franchisee in the U.S., FQSR, LLC, a company operating over 800 locations. The lease includes two 5-year renewal options and features a 7% rent increase every five years, ensuring consistent income growth. The property's high sales volume significantly surpasses the KFC systemwide average, resulting in an attractive 8.28% rent-to-sales ratio. A planned remodel by the end of 2030 further demonstrates the tenant's long-term commitment to this location. Situated on a dominant retail corridor, the property benefits from exceptional visibility and high traffic counts, with 34,585 vehicles passing daily on N Wesleyan Blvd and 41,416 on US-64. The property is strategically located near major retailers such as Sam's Club, Lowe's, Target, and Walmart, within a thriving area with a total population of 58,499 within a 5-mile radius and an average household income of $80,194 within 1 mile. The 0.815-acre lot is zoned C, and the single-story building was constructed in 2020. The property offers a 6.15% cap rate and a current NOI of $207,000, making it an attractive investment with significant potential for long-term returns. The asking price is $3,366,000.