For Sale
$2,289,904

2725 Fort Campbell BlvdClarksville, TN 37040

Profitable KFC, Clarksville, TN. 20-Year Lease.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a fee-simple ownership of a 2,200 square foot KFC restaurant situated on a 0.79-acre lot at 2725 Fort Campbell Blvd, Clarksville, Tennessee, 37040. Built in 2008 and renovated in 2020, this property boasts a strong 6.00% cap rate, generating a substantial net operating income (NOI) of $137,394 annually. The property is currently vacant, but comes with a 20-year triple-net (NNN) lease, ensuring minimal landlord responsibilities. The lease features a franchisee tenant, a large KFC operator with approximately 70 locations and expansion plans, providing significant financial stability. The lease includes attractive rental increases of 2% annually and four five-year renewal options, guaranteeing long-term income growth. The asking price is $2,289,904, translating to a price per square foot of $1,040.87. This is a rare opportunity to acquire a high-performing, established fast-food restaurant with a secure, long-term lease. The property's prime location in Clarksville, Tennessee, further enhances its investment appeal.

Highlights

  • $2,289,904 asking price for a 2,200 SF KFC in Clarksville, TN.
  • 20-year NNN net lease with a 6.00% cap rate and $137,394 annual NOI.
  • Franchisee tenant with a strong track record and plans for expansion.
  • 2% annual rent increases and four 5-year renewal options.
  • Built in 2008, renovated in 2020, situated on a 0.79-acre lot.

Property Details for 2725 Fort Campbell Blvd

Property type
Retail properties
Square Feet
2,200 SF
Year Built/Renovated
2008/2020
Lot Size (sq. ft)
34,412 SF

Location Insight

City
Clarksville
County
Montgomery
State
Tennessee
Latitude
36.6241389
Longitude
-87.4320361
2725 Fort Campbell Blvd, Clarksville, Tennessee

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2725 Fort Campbell Blvd
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