30019 Highway 110 - Restaurant FOR SALE


Ardmore, TN 38449
$2,025,000 USD
614-360-9036
30019 Highway 110, Ardmore, TN for Sale
$2,025,000 USD
Restaurant - FOR SALE
1/6
null | 6.25% Cap Rate

30019 Highway 110
Ardmore, TN 38449


HIGHLIGHTS

  • LONG-TERM TENANT: KFC/Taco Bell has operated at this l ocation for nearly 20 years, backed by the largest KFC franchisee in the US.
  • 11+ YEARS OF LEASE TERM REMAINING: Tenant has just under 12 years remaining after a 20 year lease extension, extending the term through 2038.
  • INFLATION-HEDGE RENT GROWTH: The lease features 2% annual increases for the remaining lease term and in each of two, 5-year renewal options.
  • ABSOLUTE NET LEASE: No landlord responsibilities. Tenant is responsible for everything including roof and structure
  • STRONG GUARANTOR: Lease is fully guaranteed by KBP Foods, a major 1,110+ unit operator and the largest KFC franchisee in the US.
  • HIGH-TRAFFIC CORRIDOR: High visibility with 3 Points of ingress/egress. Situated on TN State R oute 110/53 along the Tennessee-Alabama border

OVERVIEW

11 Years Remaining | Strong Guarantor This offering presents a rare opportunity to acquire a dual-branded KFC and Taco Bell property operating under a long-term absolute net lease. The asset is backed by KBP Brands, one of the largest Yum! Brands franchisees in the United States, operating over 1,100 units nationwide. The tenant has demonstrated strong operational stability, with nearly 20 years at this location and a recently extended lease term running through February 2038, including two additional five-year renewal options. The lease structure is highly attractive to investors, featuring zero landlord responsibilities and 2% annual rent escalations, providing consistent income growth and a hedge against inflation. Positioned along TN State Route 110/53, the property benefits from excellent visibility and exposure to over 10,100 vehicles per day, with convenient access to Interstate 65 just 2.5 miles away. This corridor serves as a primary connector between Ardmore and the Huntsville-Decatur metro area, a region experiencing significant economic expansion driven by aerospace, defense, and advanced manufacturing industries. Surrounding national retailers include McDonald’s, Shell, O’Reilly Auto Parts, Sonic, Burger King, and Dollar General, reinforcing the site’s strong retail synergy. With stable local demographics, a growing population, and proximity to major employment hubs, this property offers a secure, long-term investment with a creditworthy guarantor and predictable cash flow.

FOR SALE DETAILS

PRICE

$2,025,000 USD

PRICE/SF

$561 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell/KFC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

-

APN/PARCEL ID

181L-A-008.00

ASK ABOUT THIS PROPERTY

Dan YozwiakMarcus & MillichapMore Info
614-360-9036

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Dan YozwiakMarcus & MillichapMore Info
614-360-9036

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.