Restaurant
Krystal | Lafollette, TN
2404 Jacksboro Pike, Lafollette, TN 37766
Listing Price: $930,000
Investment Overview
Lease
- 16.5 Years Remaining on Base Term
- 1% Annual Rental Increases
- NNN – NO Landlord Responsibilities
- Four, 5-Year Options
- Strong Guarantee – WAC Enterprises
Strong Operator / Guarantee
- WAC Enterprises is the first ever and largest franchisee of Krystal with 96 locations
- Wayne and Carolyn Hale founded WAC Enterprises in 1989, becoming the first franchisees of The Krystal Company. In 1990, they opened the company’s first franchise restaurant in Crossville, Tennessee.
Great Real Estate Fundamentals
- Good access going both directions on Jacksborro Pike, which sees XXXX cars per day
- Surrounded by national tenants including Walmart, Lowe’s, McDonald’s, Starbucks, Dunkin’, Taco Bell, Bojangles, Zaxbys, Burger King, Jersey Mikes, Walgreens, O’Reilly, and more!
Investment Highlights
- Lease - 16.5 Years Remaining on Base Term - 1% Annual Rental Increases - NNN – NO Landlord Responsibilities - Four, 5-Year Options - Strong Guarantee – WAC Enterprises
- Strong Operator / Guarantee - WAC Enterprises is the first ever and largest franchisee of Krystal with 96 locations - Wayne and Carolyn Hale founded WAC Enterprises in 1989
- Great Real Estate Fundamentals - Good access going both directions on Jacksborro Pike, which sees XXXX cars per day - Surrounded by national tenants including Walmart, Lowe's, McDonald's, Starbucks
Exclusively Listed By
Broker of Record
-
Jody McKibben
Senior Managing Director, Market Leader - Mid-South
Financing By
Listing Price: $930,000
Investment Highlights
- Lease - 16.5 Years Remaining on Base Term - 1% Annual Rental Increases - NNN – NO Landlord Responsibilities - Four, 5-Year Options - Strong Guarantee – WAC Enterprises
- Strong Operator / Guarantee - WAC Enterprises is the first ever and largest franchisee of Krystal with 96 locations - Wayne and Carolyn Hale founded WAC Enterprises in 1989
- Great Real Estate Fundamentals - Good access going both directions on Jacksborro Pike, which sees XXXX cars per day - Surrounded by national tenants including Walmart, Lowe's, McDonald's, Starbucks
Investment Overview
Lease - 16.5 Years Remaining on Base Term - 1% Annual Rental Increases - NNN – NO Landlord Responsibilities - Four, 5-Year Options - Strong Guarantee – WAC Enterprises Strong Operator / Guarantee - WAC Enterprises is the first ever and largest franchisee of Krystal with 96 locations - Wayne and Carolyn Hale founded WAC Enterprises in 1989, becoming the first franchisees of The Krystal Company. In 1990, they opened the company’s first franchise restaurant in Crossville, Tennessee. Great Real Estate Fundamentals - Good access going both directions on Jacksborro Pike, which sees XXXX cars per day - Surrounded by national tenants including Walmart, Lowe’s, McDonald’s, Starbucks, Dunkin’, Taco Bell, Bojangles, Zaxbys, Burger King, Jersey Mikes, Walgreens, O’Reilly, and more!
Exclusively Listed By
Broker of Record
-
Jody McKibben
Senior Managing Director, Market Leader - Mid-South
Financing By