La Vergne, TN - KFC

Description:

• The tenant, KFC, currently has 19 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 30,000 KFC restaurants in 150 countries and territories around the world

• This KFC ranks in the 80th percentile (562 out of 2,925) of all nationwide locations via Placer.ai
• Ideally fronting Murfreesboro Rd, which leads directly into Nashville, allowing for easy commuter access to the site and surrounding trade areas
• Surrounding retailers include McDonald’s, Kroger, AutoZone, Walmart Supercenter, and more
• The Kroger just East down the road ranks in the 85th percentile (9,706 out of 67,629) of all nationwide grocery stores via Placer.ai
• The surrounding residential consumer base provides an excellent, consistent flow of traffic to the site