For Sale
$1,329,000

1701 Jackson St Tullahoma, TN 37388

High-Yield KFC Investment, Strong Tenant

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a 3,882 square-foot KFC restaurant situated on a 1.07-acre lot in Tullahoma, Tennessee. The property boasts a strong financial profile, featuring a net lease with a remaining term of approximately 6.8 years, and four 5-year renewal options. The lease is an absolute NNN structure, guaranteed by a highly reputable franchisee, the 60th largest in the US, with over 175 units. Built in 1988 and renovated in 2018, the property benefits from a current NOI of $79,738, with built-in rent bumps of 7.5% every five years, the next increase occurring in 2026. The property enjoys a prime location on N Jackson Street, a high-traffic area with over 25,000 vehicles per day, and is surrounded by major national retailers including Kroger, Publix, and Walmart. The Tullahoma market demonstrates robust demographics, with a population exceeding 20,000 and an average household income over $90,000 within a 5-mile radius. This offering presents a compelling combination of a secure, long-term lease, a proven tenant, and a desirable location, making it an attractive investment opportunity. The property is located near the main entrance to the Tullahoma Regional Airport.

Highlights

  • $1,329,000 asking price for this Net Leased KFC.
  • 6.8 years remaining on the Absolute NNN lease with four 5-year renewal options.
  • 3,882 square foot building on a 1.07-acre lot.
  • Built in 1988, renovated in 2018.
  • Strong franchisee guarantee; Top 60 largest KFC franchisee in the US.
  • 7.5% rent increases every 5 years (next increase in 2026).

Property Details for 1701 Jackson St

Property type
Retail properties
Square Feet
3,882 SF
Year Built/Renovated
1988/2018
Lot Size (sq. ft)
46,609 SF

Location Insight

City
Tullahoma
County
Coffee
State
Tennessee
Latitude
35.3801112
Longitude
-86.2285452

FAQs

What type of property is this?
Retail property - High-Yield KFC Investment, Strong Tenant
Where is the retail property located?
The property is located at 1701 Jackson St Tullahoma, TN.
What is the asking price?
The asking price for this property is $1,329,000.
What are key features of this property?
This property features: $1,329,000 asking price for this Net Leased KFC.; 6.8 years remaining on the Absolute NNN lease with four 5-year renewal options.; 3,882 square foot building on a 1.07-acre lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1701 Jackson St
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