| New, 20-year NNN lease |
| Lease guaranteed by a 161-unit subsidiary of Tasty Restaurant Group, the 9th largest franchisee group in the U.S. with ±500 units across 6 brands |
| Exceptional store sales | 115% above the national KFC AUV in 2023 and have increased each of the last 3 years, including a 12.5% increase last year |
| Outparcel to the Old Hickory Mall | 538,641 SF mall anchored by JCPenney & Belk | Over 1.2MM annual visitors |
| Excellent access and visibility from Highway 45 (aka Highland Ave) which boasts 53,500+ VPD |
| 1.50% annual rent increases beginning Year 7 | Yields an average CAP of 6.34% (at List Price) over the base lease term |
Matt Coates
Berkeley Capital Advisors
