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2560 Anderson Ave
Brownsville, TN 38012

$2,468,000 USD

Fast Food For Sale  •  4,123 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 4,123 SF
  • Lot Size 2.88 AC
  • Building Class C
  • Year Built 1988
  • Tenancy Single
  • Zoning GC
0 Transit Score
29 Walk Score

Highlights

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
Strong performing location and sales trends | Site produced nearly 12% above the KFC AUV in 2023 | Sales have increased each of that last 3 years
Rare, truck rest stop location
1.50% annual rent increases, beginning in Year 7 of the base term | Yields an average CAP of 6.34% over the base lease term (at List Price)
Extremely large parcel at 2.88 acres | Potential upside with future development

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 42
Type: Surface
Included in Rent: Yes
Gary Chou 949-506-2012 Berkeley Capital Advisors
Gary Chou 949-506-2012 Berkeley Capital Advisors