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KFC - Nashville (Dyersburg) TN 2408 Lake Rd 3,690 SF Retail Building Dyersburg, TN 38024 $2,850,000 ($772.36/SF) 5.75% Cap Rate
Investment Highlights
- 18+ Years Remaining | Annual Rental Increases | Established Brand | KFC - $8.2B in Revenue (2025)
- Outparcel to Big Lot Anchored Center | Dense Retail Corridor| Strong National/Credit Tenant Presence | The Commons
- Local Demographics & 5 Mile Trade Area
- Absolute NNN Lease | Fee Simple Ownership | Land & Building | Zero Landlord Responsibilities
- Excellent Frontage Visibility & Access | High Traffic Counts
Executive Summary
• The tenant, KFC, currently has 18+ years remaining on their initial lease with 3 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 1.50% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation
• There are over 32,000 KFC restaurants in 150 countries and territories around the world
• The operator, Tasty Restaurant Group, manages 400+ units nationwide across multiple QSR brands (KFC, Burger King, Pizza Hut, Dunkin, and Taco Bell)
• There are over 140 units encompassed by the lease signature (Tasty Chick’n Midwest) and the lease guarantor (Tasty Chick’n Southeast)
• The lease features 1.50% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation
• There are over 32,000 KFC restaurants in 150 countries and territories around the world
• The operator, Tasty Restaurant Group, manages 400+ units nationwide across multiple QSR brands (KFC, Burger King, Pizza Hut, Dunkin, and Taco Bell)
• There are over 140 units encompassed by the lease signature (Tasty Chick’n Midwest) and the lease guarantor (Tasty Chick’n Southeast)
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,690 SF
Building Class
C
Year Built
1991
Price
$2,850,000
Price Per SF
$772.36
Cap Rate
5.75%
NOI
$163,844
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.79 AC
Zoning
P-B
Parking
39 Spaces (10.57 Spaces per 1,000 SF Leased)
Frontage
200’ on Lake Rd
Amenities
- Pylon Sign
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 074-058.01 | Improvements Assessment | $264,240 |
| Land Assessment | $160,000 | Total Assessment | $424,240 |
Property Taxes
Parcel Number
074-058.01
Land Assessment
$160,000
Improvements Assessment
$264,240
Total Assessment
$424,240
Contacts
-
William Wamble -
Jarrett Slear -
Patrick Nutt -
Michael Berk -
SRS Real Estate Partners
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KFC - Nashville (Dyersburg) TN | 2408 Lake Rd
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