For Sale
$2,289,904

2725 Fort Campbell Blvd Clarksville, TN 37040

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

Overview

Added:
Dec 11, 2024
Days on market:
135
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

FAQs

What type of property is this?
Retail property - Profitable KFC, Clarksville, TN. 20-Year Lease.
Where is the retail property located?
The property is located at 2725 Fort Campbell Blvd Clarksville, TN.
What is the asking price?
The asking price for this property is $2,289,904.
What are key features of this property?
This property features: $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.
How can I contact the broker?
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2725 Fort Campbell Blvd
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