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Restaurant

Krystal | Strong Store Sales

1225 12th St, Middlesboro, KY 40965

Listing Price: $1,870,000

Cap Rate
5.25%
Tenant Name
Krystal
Years Remaining On Lease
17.9
Gross SF
2,580
Guarantor
Franchisee Guarantee
Rentable SF
2,580
Price/Gross SF
$724.81
Lease Type
Absolute Net
Rent Per Square Feet
$38.05

Investment Overview

KRYSTAL | WAC ENTERPRISES, INC. • 2ND OLDEST QSR CHAIN IN THE UNITED STATES • 300+ LOCATION BRAND IN 10 STATES • TENANT IS A 40+/- UNIT FRANCHISEE • LONG-TIME KRYSTAL OPERATOR | 30+ YEARS AS FRANCHISEE • TENANT SHOWING COMMITMENT TO THIS SITE (CONTACT AGENT TO DISCUSS)

Investment Highlights

  • 20-YEAR ABSOLUTE TRIPLE NET (NNN) LEASE
  • 18 YEARS REMAINING ON INITIAL TERM
  • ANNUAL RENTAL INCREASES BEGINNING YEAR 6
  • STRONG STORE SALES | CONTACT LISTING AGENT
  • OUTPARCEL TO WALMART SUPERCENTER

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (513) 878-7733

    License(s) KY: 242197

    Kentucky

Financing By

Restaurant

Krystal | Strong Store Sales

Listing Price: $1,870,000

Cap Rate
5.25%
Tenant Name
Krystal
Years Remaining On Lease
17.9
Gross SF
2,580
Guarantor
Franchisee Guarantee
Rentable SF
2,580
Price/Gross SF
$724.81
Lease Type
Absolute Net
Rent Per Square Feet
$38.05

Investment Highlights

  • 20-YEAR ABSOLUTE TRIPLE NET (NNN) LEASE
  • 18 YEARS REMAINING ON INITIAL TERM
  • ANNUAL RENTAL INCREASES BEGINNING YEAR 6
  • STRONG STORE SALES | CONTACT LISTING AGENT
  • OUTPARCEL TO WALMART SUPERCENTER

Investment Overview

KRYSTAL | WAC ENTERPRISES, INC. • 2ND OLDEST QSR CHAIN IN THE UNITED STATES • 300+ LOCATION BRAND IN 10 STATES • TENANT IS A 40+/- UNIT FRANCHISEE • LONG-TIME KRYSTAL OPERATOR | 30+ YEARS AS FRANCHISEE • TENANT SHOWING COMMITMENT TO THIS SITE (CONTACT AGENT TO DISCUSS)

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (513) 878-7733

    License(s): KY: 242197

    Kentucky

Financing By

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