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KFC - Nashville (Dyersburg) TN 2408 Lake Rd 3,690 SF Retail Building Dyersburg, TN 38024 $3,870,642 CAD ($1,048.95 CAD/SF) 5.75% Cap Rate

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Investment Highlights

  • 18+ Years Remaining | Annual Rental Increases | Established Brand | KFC - $8.2B in Revenue (2025)
  • Outparcel to Big Lot Anchored Center | Dense Retail Corridor| Strong National/Credit Tenant Presence | The Commons
  • Local Demographics & 5 Mile Trade Area
  • Absolute NNN Lease | Fee Simple Ownership | Land & Building | Zero Landlord Responsibilities
  • Excellent Frontage Visibility & Access | High Traffic Counts

Executive Summary

• The tenant, KFC, currently has 18+ years remaining on their initial lease with 3 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 1.50% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation
• There are over 32,000 KFC restaurants in 150 countries and territories around the world
• The operator, Tasty Restaurant Group, manages 400+ units nationwide across multiple QSR brands (KFC, Burger King, Pizza Hut, Dunkin, and Taco Bell)
• There are over 140 units encompassed by the lease signature (Tasty Chick’n Midwest) and the lease guarantor (Tasty Chick’n Southeast)

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,690 SF
Building Class
C
Year Built
1991
Price
$3,870,642 CAD
Price Per SF
$1,048.95 CAD
Cap Rate
5.75%
NOI
$222,520 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.79 AC
Zoning
P-B
Parking
39 Spaces (10.57 Spaces per 1,000 SF Leased)
Frontage
200’ on Lake Rd

Amenities

  • Pylon Sign
  • Drive Thru

Nearby Major Retailers

Kroger
Zaxbys
Applebee's
Waffle House
Planet Fitness
Charles Barker Toyota
Huddle House
Anytime Fitness
Regions Bank
Simmons Bank

Property Taxes

Property Taxes

Parcel Number
074-058.01
Land Assessment
$218,805 CAD
Improvements Assessment
$361,356 CAD
Total Assessment
$580,161 CAD
  • Listing ID: 39663378

  • Date on Market: 2026-03-04

  • Last Updated:

  • Address: 2408 Lake Rd, Dyersburg, TN 38024

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