Drive-Thru KFC NNN
For Sale
Contact for pricing
2602 Main Street, Tupelo, MS 38801
Absolute NNN leased drive-thru KFC on Main Street with a large pylon sign and sale-leaseback terms.
Property SizeContact for details
Days on Market121
Property Features for 2602 Main Street
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 5:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
SRS National Net Lease Group is pleased to offer the fee simple interest (land and building ownership) in an absolute NNN leased, personal guaranteed drive-thru equipped Kentucky Fried Chicken investment property. The property is leased to North Mississippi Foods, LLC under a brand new 20-year sale leaseback to be executed at the close of escrow, with four (5-year) option periods to extend. Lease terms include 10% rental increases every five years throughout the initial term and at the beginning of each option period. The lease is franchisee guaranteed for the entire lease term, and is personally guaranteed by the operator for five years, with absolute NNN structure and zero landlord responsibilities.
The KFC is situated along Main Street (25,000 VPD), a major thoroughfare traveling through Tupelo, MS. The site offers easy access and visibility supported by a large pylon sign, and includes a drive-thru configuration.
The asset is positioned near a 24-hour Walmart Supercenter, and the surrounding trade area includes national/credit tenants such as Big Lots, Harbor Freight Tools, Walgreens, Kroger, Anytime Fitness, and O’Reilly Auto Parts, among others.
The KFC is situated along Main Street (25,000 VPD), a major thoroughfare traveling through Tupelo, MS. The site offers easy access and visibility supported by a large pylon sign, and includes a drive-thru configuration.
The asset is positioned near a 24-hour Walmart Supercenter, and the surrounding trade area includes national/credit tenants such as Big Lots, Harbor Freight Tools, Walgreens, Kroger, Anytime Fitness, and O’Reilly Auto Parts, among others.
Key Highlights
- Absolute NNN leased drive‑thru Kentucky Fried Chicken with fee simple (land & building) ownership in Tupelo, MS.
- Tenant North Mississippi Foods, LLC will sign a brand‑new 20‑year sale leaseback at close of escrow, with 4 (5‑year) options.
- Lease includes 10% rental increases every 5 years throughout the initial term and at the start of each option period.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
510
Businesses Nearby
Explore this area
Business Placement
Demographics for 38801, MS
29,795
Population
13,717
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
86%
High-School Grad
73.0 sq mi
ZIP Area
408
Density / Sq Mi
$63,447
Median Household Income
$35,596
Median Earnings
$954
Median Rent
$187,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Absolute NNN leased drive-thru KFC on Main Street with a large pylon sign and sale-leaseback terms.
Where is this drive through restaurant located?
The property is located at 2602 Main Street Tupelo, MS.
What are key features of this property?
This property features: Absolute NNN leased drive‑thru Kentucky Fried Chicken with fee simple (land & building) ownership in Tupelo, MS.; Tenant North Mississippi Foods, LLC will sign a brand‑new 20‑year sale leaseback at close of escrow, with 4 (5‑year) options.; Lease includes 10% rental increases every 5 years throughout the initial term and at the start of each option period.
