SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, recently remodeled KFC investment property located in Jackson, Tennessee. This location ranks in the top 5 out of 160 total KFC locations for the franchisee as well as a top 10% store nationally compared the the brand’s AUV. The tenant recently signed a brand new 20 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 1.5% annual rental increases throughout the initial term and options, providing an excellent hedge against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. The lease is guaranteed by Tasty Chick’n, LLC, a 161-unit subsidiary of Tasty Restaurant Group, the 9th largest franchisee group in the U.S. with approximately 500 units across six brands. The store has demonstrated exceptional sales performance, with 2023 sales 115% above the national KFC AUV, marking a consistent increase over the past three years, including a 12.5% rise last year, along with strong EBITDAR coverage and a healthy rent-to-sales ratio (speak with the agents for further details).