KFC NNN Property For Sale — Martinsville, VA
18 Tensbury Dr, Martinsville, VA 24112
This absolute NNN leased KFC property offers a compelling investment opportunity with over 15 years remaining on the lease and attractive 7.00% rental escalations every 5 years. The tenant, FQSR, LLC, is the largest KFC franchisee in the U.S., operating approximately 800 locations. This seasoned location has been successfully operating for decades with a low rent-to-sales ratio. The property is well-positioned on a large 1.05-acre lot with excellent visibility from Greensboro Rd, a main thoroughfare. Demographics for 2025 show a total population of 30,964 within a 5-mile radius and an average household income of $76,079 within 1 mile.
- Address: 18 Tensbury Dr, Martinsville, VA 24112
- Asking price $1.80M
- 5.95% cap rate
- NOI $107,041
- 15 years remaining
- NNN lease
- Year built: 1988
- Building size: 3,249 SF
- Lot size: 1.05 acres
- Lease expiration: Nov 30, 2041
- Rent increases: 7.00% every 5 years
- Guarantor: Corporate
Location
This KFC property is at 18 Tensbury Dr in Martinsville, Virginia.
Asset type: Fast Food