2495 Lake Rd - Fast Food FOR SALE


Dyersburg, TN 38024
$3,000,000 USD
404-934-5558
2495 Lake Rd, Dyersburg, TN for Sale
$3,000,000 USD
Fast Food - FOR SALE
1/5
null | 6% Cap Rate

2495 Lake Rd
Dyersburg, TN 38024


HIGHLIGHTS

  • Brand new 20-year ground lease with experienced and veteran operator
  • Directly across Walmart (2.6M visits) on an outparcel to a new Aldi | Cross access with brand new Chipotle
  • Regional trade area with 30+ mile draw from Walmart (2.6M visits), Commons of Dyersburg (1.7M visits), Lowe’s (750K visits), Kroger and Dyersburg Mall
  • Strong industrial/manufacturing employment base | Ermco (1,100+ employees), NSK (600+ employees), Rough Country (240 employees) and more
  • Strong daytime population and $116,000+ average household income within a 1-mile radius
  • Only Zaxby's location within a nearly 30-mile radius

OVERVIEW

TSCG is pleased to offer for sale a brand new 20-year absolute NNN Zaxby’s ground lease in Dyersburg, TN. The Property is situated along Lake Rd (~25,000 VPD) on an outparcel to a future Aldi with cross-access to a new Chipotle. Dyersburg is a super-regional trade area anchored by Walmart (2.6M visits), Commons of Dyersburg (1.7M visits), Lowe’s (750K visits), Kroger and more. The Dyersburg community is served by a strong industrial/manufacturing base, 3,100+ student Dyersburg State Community College and West Tennessee Healthcare Dyersburg Hospital (225 beds). Zaxby’s benefits from its lack of competition as this is the only Zaxby’s location within a nearly 30-mile radius.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$564 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brand New 20-Year Zaxby's Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

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404-934-5558

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