Entity Owned Property summary
This exceptional investment opportunity presents a fee-simple, single-tenant, absolute NNN lease for a combined KFC and Taco Bell restaurant located at 703 E Atlantic St, South Hill, VA 23970. The property, built in 1989, boasts 3,893 square feet on a 1.04-acre lot and enjoys a prime location on a major arterial roadway providing easy access to Interstate 85 and State Road 58. The current lease, commenced March 19, 2019, and expiring March 31, 2039, has a remaining term of approximately 14.4… years, offering significant long-term stability. The lease includes two, five-year renewal options and features a 10% rent increase every five years, ensuring consistent income growth. The property's strong financial performance is reflected in its current occupancy of 100%, a pro-forma NOI of $132,312, and a cap rate of 4.25%. The asking price is $3,113,223, translating to a price per square foot of $799.70. This is a rare opportunity to acquire a well-established, high-performing QSR property with minimal landlord responsibilities and substantial future growth potential. The property's strategic location within an hour's drive of both Richmond, VA and Raleigh-Durham, NC, further enhances its investment appeal. This is a truly passive investment opportunity with a strong tenant and a long-term lease.
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 · 2023
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
- GBA
- 126,984 SF
- Lot area
- 12.75 ac
- Year built
- 1970
- Stories
- 1
- APN
- 078A18-A--045
- Zoning
- C2
- Assessed value · 2023
- $8,088,900
- Annual tax · 2023
- $32,356
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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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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