KFC
Clarksville, TN
Key Details
Price: | $2,289,904 |
---|---|
Cap Rate: | 6.00% |
Annual Rent: | $137,394 |
Address: | 2725 Fort Campbell Boulevard, Clarksville, Tennessee 37040 |
Property Type: | Retail |
Lease Type: | Triple Net (NNN) |
Property Data
Original Lease Term: | 20 Years |
---|---|
Lease Expiration: | 20 Years from Close of Escrow |
Lease Term Remaining: | 20 Years |
Rental Increases: | 2.00% Annually |
Lot Size: | 0.79 Acres |
Building Size: | 2,200 SF |
Year Built: | 2008 |
Year Renovated: | 2020 |
NNN Pro is pleased to present the exclusive listing for a KFC located at 2725 Fort Campbell Boulevard, Clarksville, Tennessee 37040. The site consists of roughly 2200 rentable square feet of building space on an estimated 0.79-acre parcel of land. This KFC is subject to a 20-year Triple Net (NNN) lease, which will commence upon close of escrow. The annual rent will be $137,394 and has scheduled increases of 2.00% Annually.
About the Investment
- 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: | $2,289,904 |
---|---|
Cap Rate: | 6.00% |
Annual Rent: | $137,394 |
Address: | 2725 Fort Campbell Boulevard, Clarksville, Tennessee 37040 |
Property Type: | Retail |
Lease Type: | Triple Net (NNN) |
Property Data
Original Lease Term: | 20 Years |
---|---|
Lease Expiration: | 20 Years from Close of Escrow |
Lease Term Remaining: | 20 Years |
Rental Increases: | 2.00% Annually |
Lot Size: | 0.79 Acres |
Building Size: | 2,200 SF |
Year Built: | 2008 |
Year Renovated: | 2020 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Alexandre Marietto
amarietto@nnnpro.com
License: NY: 10401294047
James Westerberg
jwesterberg@nnnpro.com
License: NY: 10401304686
Gordon Pollock
gpollock@nnnpro.com
License: NY: 10401370688
Broker of Record
Brian Brockman
Bang Realty-Tennessee, Inc
License: 343847
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.