Map of Property

KFC, Absolute NNN Lease - $1,700,000 | 6% CAP

For Sale

891 Martin Luther King Junior Way, Harrisonburg, VA 22801

This Harrisonburg property for sale is located at 891 Martin Luther King Junior Way. The general use of KFC, Absolute NNN Lease - $1,700,000 | 6% CAP is office and it incorporates 3,227 square feet of class B office space. The current listed sale price for KFC, Absolute NNN Lease - $1,700,000 | 6% CAP is $1,700,000. KFC, Absolute NNN Lease - $1,700,000 | 6% CAP is situated on a lot that is 0.62 acre in size.

Contacts

broker
Jim Guisewhite

SVN | Commercial Specialists

Property Details

  • Property Type Office - General Office
  • Property Size 3,227 SF
  • Units 1
  • Lot Size 0.62 Acre
  • Building Class B
  • Year Built 1981
  • Date Updated Jun 19, 2025
Great location downtown in Harrisonburg, VA!• Long-term Absolute NNN Lease: zero Landlord responsibilities with over 8 years remaining on a 20-year term, 5% escalations every five years with four 5-year options to renew • Tenant / Operator: KBP Foods operates in excess of 1,100 locations across 4 brands in 32 states. Tenant is FQSR, LLC (the largest KFC franchisee in the U.S.) • Seasoned Location: KFC has operated at this location since 1981. Location is in a corridor of growth located between James Madison University and Downtown Harrisonburg. Just off of I-81 at Exit #247 with major interchange improvements underway creating better access to this market. • James Madison University is just over one mile away with recent expansion with its 23,000 student base, faculty and staff. • Local Demographics: 5-mile trade area is supported by more than 73,000 residents and 51,000 daytime employees with an average household income of $87,556. • Financials: Current lease rate is $8,506 per month or $102,072 NOI = 6% Cap Rate at $1,700,000!
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Getting around

  • 74/100

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  • 42/100

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  • 42/100

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Location

  • City Harrisonburg, VA
  • Zip Code 22801

Points of Interest

  • 1239 Harrison Shelter

    1.48 miles

  • Northview

    1.56 miles

  • Royal

    0.16 miles

  • Sheetz

    0.37 miles

  • Liberty

    0.43 miles

  • Walmart Gas Station

    0.53 miles

  • Shell

    0.66 miles

  • Tesla Supercharger

    0.80 miles

  • Exxon

    0.83 miles

  • Royal Gas

    0.97 miles

  • Costco Gasoline

    0.98 miles

  • 7-Eleven

    1.03 miles

  • Commuter Parking C10

    0.50 miles

  • Residential Parking 8

    0.53 miles

  • C10 Metered Parking

    0.54 miles

  • Faculty Parking D2

    0.55 miles

  • Faculty Parking D1

    0.56 miles

  • Residential Parking 1

    0.60 miles

  • Faculty Parking D6

    0.61 miles

  • C12 Metered Parking

    0.62 miles

  • Commuter Parking C4

    0.63 miles

  • Commuter Parking C12

    0.63 miles

  • DoubleTree by Hilton Harrisonburg

    0.49 miles

  • Comfort Inn

    0.57 miles

  • Candlewood Suites Harrisonburg

    0.66 miles

  • Howard Johnson

    0.71 miles

  • Hyatt Place

    0.75 miles

  • Quality Inn Harrisonburg I-81

    0.77 miles

  • Sleep Inn & Suites Harrisonburg Near University

    0.78 miles

  • Days Inn

    0.80 miles

  • Courtyard Harrisonburg

    0.80 miles

  • Econo Lodge

    0.82 miles

  • Food Lion

    0.05 miles

  • Big Lots

    0.11 miles

  • Walmart Supercenter

    0.45 miles

  • Ross

    0.60 miles

  • Friendly City Food Coop

    0.93 miles

  • TJ Maxx

    0.93 miles

  • JCPenney

    1.01 miles

  • Kroger

    1.02 miles

  • Valley Mall

    1.13 miles

  • Belk

    1.16 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jim Guisewhite

SVN | Commercial Specialists

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