Print
Real Estate - Commercial

KFC Could Be Coming To Market And New Centre

By Cece Nunn, posted Dec 20, 2018
A new Kentucky Fried Chicken could be coming to Market Street and New Centre Drive in Wilmington.

Site plans for a former bank property in the 5100 block of Market Street across from Hooters show a more than 3,300-square-foot KFC replacing the existing bank building.

The proposal was submitted recently to the city of Wilmington but is not a done deal.

“This is currently in the negotiation stage and one of the proposed uses being explored,” said Austin Easter, a broker with Charlotte-based MPV Properties.

MPV Properties bought the nearly 1-acre property at 5120-5122 Market St., previously home to a PNC Bank branch, for $870,000 from PNC, in a deal that closed September in Charlotte.

The property is zoned regional business (RB) and permitted uses include restaurants, fast food, small retail, medical offices and convenience food stores.

The site plans were submitted by Scottish Food Systems Inc., a restaurant management company with corporate offices in Laurinburg, according to the firm's website. 

"Currently there are 27 KFCs and 4 Pizza Inns located within North Carolina and South Carolina that are managed by Scottish Food Systems Inc.," the company's website states.

The KFC restaurants that Scottish Food Systems manage include locations in Carolina Beach, Ogden, Leland and Shallotte, according to the website. KFC's site shows at least six KFC locations in the Cape Fear region, including one at 6826 1/2 Market St. in the Ogden area.

Drawn by Paramounte Engineering Inc., the site plans submitted to Wilmington also show 34 parking spaces.

The plans are scheduled to be discussed by the city's Technical Review Committee on Jan. 3, according to the city's project tracking website.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Chris coudriet headshot 300x300 10211545555

One Thousand, Five Hundred and Ten

Chris Coudriet - New Hanover County Government
Geofflosee300x300 10221511305

Got Flood Insurance? Get That Proof of Loss Form in Quickly!

Geoffrey Losee - Rountree Losee LLP
Leath 683x10242

Post-Flo Stress and Anxiety Management  

Lisa Leath - Leath HR Group

Trending News

Company Eyes Brunswick Co. Site To Bring 238 Manufacturing Jobs

Christina Haley O'Neal - Jan 21, 2019

Oldroyd Out As CEO Of Cape Fear Realtors

Cece Nunn - Jan 22, 2019

TRU Colors Brewing Wants To Buy City's Castle Street Property

Christina Haley O'Neal - Jan 21, 2019

Wilmington Faces A $500K Affordable Housing Conundrum

Cece Nunn - Jan 22, 2019

OpEd: City Should Move Past Short-term Rental Debate

Tyler Newman - Jan 22, 2019

In The Current Issue

Holt Family Looks To Diversify Business

Holt Oil Co. has traditionally been a business built around the gas and retail industry. Future plans, however, could take this family-run f...


SportGait's Familiar Ties

For Cecil Reynolds, being a board member and investor for Wilmington-based SportGait Inc. is one way to support the community that fostered...


Hurricane Delays Aquarium Exhibit

Construction has been delayed for one year on a new exhibit at the N.C. Aquarium at Fort Fisher....

Book On Business

The 2018 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

Health Care Heroes 2018
2018 WilmingtonBiz Expo - Keynote Lunch with Eric Dinenberg, Rouse Properties