410 Highland Sq - Fast Food FOR SALE


Crossville, TN 38555
$3,199,293 USD
310-558-2029
410 Highland Sq, Crossville, TN for Sale
$3,199,293 USD
Fast Food - FOR SALE
1/5
null | 5.81% Cap Rate

410 Highland Sq
Crossville, TN 38555


HIGHLIGHTS

  • 18 years remaining on Absolute Net Triple Net (NNN) Lease, and is a Kroger-Anchored Center.
  • The property features a 20-year Absolute Triple Net (NNN) Lease with approximately 18 years of the primary term remaining.
  • The lease includes 1.5% annual rental increases, providing a strong hedge against inflation and ensuring consistent growth in net operating income.
  • The property is an outparcel to the Highland Square Shopping Center, the dominant neighborhood center in Crossville.
  • The site is located along the I-40 corridor, a major east-west thoroughfare connecting Nashville and Knoxville, providing excellent exposure.
  • Crossville is a growing bedroom community for the larger metropolitan areas of Nashville and Knoxville, and the property is well-positioned.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 3,931 SF KFC located at 410 Highland Square in Crossville, TN. The property is secured by a 20-year Absolute Triple Net (NNN) Lease with approximately 18 years of primary term remaining, plus 3, 5-year renewal options, providing investors with a long-term, stable, and truly passive income stream. This offering presents an opportunity to acquire a corporately recognized quick-service restaurant asset with strong brand credit, minimal landlord responsibilities, and predictable annual rental growth. In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394

FOR SALE DETAILS

PRICE

$3,199,293 USD

PRICE/SF

$814 USD /SF

CAP RATE

5.81%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC - Crossville, TN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

-

APN/PARCEL ID

100I-A-001.02

ASK ABOUT THIS PROPERTY

Tyler McGarrySands Investment Group Santa Monica, LLCMore Info
310-558-2029

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Tyler McGarrySands Investment Group Santa Monica, LLCMore Info
310-558-2029

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