Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the KFC located at 310 W. Main Street in Waverly, TN. The building consists of approximately 2,340 square feet of building space and is situated on approximately 0.51 acres of land. The tenant is subject to a 20-Year triple-net (NNN) sale-leaseback with 20 years remaining. The base rent is $150,530 with 2% Annual rental increases. There are four (4), five (5)-year renewal options in addition to the initial term.