Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners Atlanta
$2,731,000
KFC - Dyersburg TN - Abs NNN
Details
APN 074 05801
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,690
Cap Rate 6%
NOI $163,844
Occupancy 100%
Tenancy Single
Brand/Tenant Taco Bell, McDonald's
Lease Type Absolute NNN
Lease Term 20.1
Lease Expiration 05/31/2044
Remaining Term 17.9
Rent Bumps Yes
Lease Options 3 (5-Year)
Price per SqFt $740
Broker Co-Op Yes
Year Built 1991
Buildings 1
Stories 1
Acreage 0.790
Zoning P-B
Parking Spaces 39 spaces
Parking per 1,000 SqFt 10.57
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 05/16/2024
Ownership Fee Simple
Sale Condition 1031 exchange
Top 93rd Percentile of KFC's Nationwide | Outparcel to Big Lots Anchored Center
Marketing description
Introducing an exceptional investment opportunity - 2408 Lake Road in Dyersburg, Tennessee! This single-tenant Quick Service Restaurant (QSR) with drive-thru boasts an 18+ year Absolute NNN lease with Tasty Restaurant Group, a top KFC operator ranking in the 93rd percentile nationwide. The property offers stable rental income with a net operating income of $163,844, a compelling cap rate of 5.75%, and 1.50% annual increases.
Situated on 0.79 acres with a 3,690 SF building that was constructed in 1991, this prime location benefits from a strategic tenant partnership and a lease term extending to 2044. Tasty Chick'n Southeast and Tasty Chick'n Midwest, operating a total of 145+ units, provide a strong lease guaranty. Don't miss this chance to invest in a renowned brand with a proven track record and secure long-term returns. Contact us now to seize this attractive investment opportunity at 2408 Lake Road!
Investment highlights
18+ Years Remaining | Annual Rental Increases | Established Brand | KFC - $8.2B in Revenue (2025)
Absolute NNN Lease | Fee Simple Ownership | Land & Building | Zero Landlord Responsibilities
Outparcel to Big Lot Anchored Center | Dense Retail Corridor| Strong National/Credit Tenant Presence | The Commons
Excellent Frontage Visibility & Access | High Traffic Counts
Local Demographics & 5 Mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners Atlanta
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$163,844.00
$13,653.67/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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