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KFC/Taco Bell

Waverly, Tennessee

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NNN Pro is pleased to present the exclusive listing for a KFC/Taco Bell located at 310 W Main St, Waverly, TN 37185. The site consists of roughly 2,340 rentable square feet of building space on an estimated 0.51-acre parcel of land. This KFC/Taco Bell is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $143,750 and has scheduled increases of 2.00% Annually.

Long-term Triple-Net Lease with Zero Landlord Responsibility
20-Year Sale-Leaseback

Franchisee Guarantee
Large KFC Operator with ~70 Locations and Plans for Expansion | Contact Listing Broker for More Information

Attractive Rental Increases and Renewal Options
Two Percent (2.0%) Annual Rent Increase and Four (4) Tenant Renewal Periods of Five (5) Years Each

Key Details

Price:
$2,500,000
Cap Rate:
5.75%
Annual Rent:
$143,750
Address:
310 W Main Street, Waverly, Tennessee 37185
Property Type:
Retail
Lease Type:
Triple Net (NNN)

Tenant:
KFC/Taco Bell

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Alexandre Marietto

License: 10401294047

James Westerberg

License: 10401304686

Gordon Pollock

License: 10401370688

Broker of record

Brian Brockman

Bang Realty-Tennessee, Inc

License: 343847


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