Search
Drive-Thru KFC NNN Lease
For Sale
Contact for pricing

6028 Stage Road, Bartlett, TN 38134

Absolute NNN drive-thru KFC with a personal guarantee and brand-new 20-year sale-leaseback structure.

Property SizeContact for details
Days on Market121

Property Features for 6028 Stage Road

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Additional Details

Traffic Count 31,700 vehicles/day

Building Details

Tenancy Single
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Matthew Mousavi · License #CA 01732226
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 6:36PM

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 property. The tenant, Memphis Foods, LLC, will execute a brand-new 20-year sale leaseback, with four 5-year option periods. The lease includes 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The franchisee is guaranteed for the entire lease term, and the operator provides a personal guarantee for 5 years, with absolute NNN terms indicating zero landlord responsibilities.

The property is located along Stage Road (31,700 VPD), a major east/west retail thoroughfare in Bartlett, TN, offering easy access and visibility supported by a large pylon sign. The building is equipped for drive-thru service.

The site is positioned directly across from Bartlett Town Center (198,100 SF), anchored by Kroger and Petco, contributing to crossover traffic. Nearby national/credit tenants mentioned include Walmart Supercenter, Five Below, Walgreens, Fred's, Dollar Tree, and Tuesday Morning.

Key Highlights

  • Fee simple ownership of an absolute NNN leased, personal‑guaranteed drive‑thru KFC in Bartlett, TN
  • Brand‑new 20‑year sale leaseback with 4 (5‑year) option periods; 10% rental increases every 5 years
  • Memphis Foods, LLC (23‑Units) tenant; lease is franchisee guaranteed for the full term and personally guaranteed by the operator for 5 years

Property Analytics

Current Use

KFC Restaurant

Suggested Use

Top Pick Building Supply Law Firm Real Estate Agency Auto Parts Store Big Box & Wholesale Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

31,700 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,045
Businesses Nearby
364k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 48% Dining 25% Groceries 15% Apparel 4%
Kroger Groceries
55,726 visits/mo 0.2 miles
McDonald's Dining
33,310 visits/mo 0.1 miles
Five Below Shops & Services
29,029 visits/mo 0.2 miles
Dollar Tree Shops & Services
22,900 visits/mo 0.1 miles
Kroger Fuel Center Shops & Services
22,208 visits/mo 0.1 miles

Demographics for 38134, TN

41,760
Population
15,685
Households
2.7
Avg Household Size
35
Median Age
21%
College-Educated
86%
High-School Grad
18.6 sq mi
ZIP Area
2,245
Density / Sq Mi
$61,172
Median Household Income
$39,185
Median Earnings
$1,147
Median Rent
$184,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Drive through restaurant - Absolute NNN drive-thru KFC with a personal guarantee and brand-new 20-year sale-leaseback structure.
Where is this drive through restaurant located?
The property is located at 6028 Stage Road Bartlett, TN.
What are key features of this property?
This property features: Fee simple ownership of an absolute NNN leased, personal‑guaranteed drive‑thru KFC in Bartlett, TN; Brand‑new 20‑year sale leaseback with 4 (5‑year) option periods; 10% rental increases every 5 years; Memphis Foods, LLC (23‑Units) tenant; lease is franchisee guaranteed for the full term and personally guaranteed by the operator for 5 years
(480) 221-4221 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message