Krystal Drive-Through
New
For Sale
$930,000
2404 Jacksboro Pike, La Follette, TN 37766
NNN lease with annual increases, extended base term, and multiple renewal options.
Property Size840 SF
Price / SF$1,107
Days on Market2
Property Features for 2404 Jacksboro Pike
General Information
Standard status
Active
Size
840 SF
Property subtype
Restaurant
Lease Type
Absolute Net
Additional Details
Cap Rate
5.75%
Road Access
Yes
Amenities
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
Building Details
Building Size
840 SF
Tenancy
Single
Listing Agency:
Marcus & Millichap
(813) 387-4726
Listed By:
Reid Thedford · License #License(s): FL: SL3442474
(813) 387-4726
Source:
Marcusmillichap
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 9 at 7:03AM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
This Krystal drive-through restaurant at 2404 Jacksboro Pike is leased under an NNN structure with no landlord responsibilities identified in the listing. The lease includes 16.5 years remaining in the base term, 1% annual rental increases, and four 5-year extension options. A guarantee from WAC Enterprises is also stated.
The property has access in both directions along Jacksboro Pike and is positioned among national retailers and restaurant operators, including Walmart, Lowe’s, McDonald’s, Starbucks, Dunkin’, Taco Bell, Bojangles, Zaxby’s, Burger King, Jersey Mike’s, Walgreens, and O’Reilly Auto Parts. The site is located in Lafollette, Tennessee.
The property has access in both directions along Jacksboro Pike and is positioned among national retailers and restaurant operators, including Walmart, Lowe’s, McDonald’s, Starbucks, Dunkin’, Taco Bell, Bojangles, Zaxby’s, Burger King, Jersey Mike’s, Walgreens, and O’Reilly Auto Parts. The site is located in Lafollette, Tennessee.
Key Highlights
- 16.5 years remaining on the base lease term
- NNN structure with no landlord responsibilities
- 1% annual rental increases
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
54k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Dining 28%
Groceries 12%
Murphy USA
Shops & Services
16,986 visits/mo
0.4 miles
Bojangles' Famous Chicken 'n Biscuits
Dining
9,799 visits/mo
0.4 miles
Shell
Shops & Services
7,948 visits/mo
0.5 miles
Save-A-Lot
Groceries
6,618 visits/mo
0.2 miles
AutoZone
Shops & Services
4,892 visits/mo
0.5 miles
Demographics for 37766, TN
18,011
Population
9,721
Households
1.9
Avg Household Size
44
Median Age
12%
College-Educated
82%
High-School Grad
137.3 sq mi
ZIP Area
131
Density / Sq Mi
$46,692
Median Household Income
$31,379
Median Earnings
$747
Median Rent
$160,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
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 - NNN lease with annual increases, extended base term, and multiple renewal options.
Where is this drive through restaurant located?
The property is located at 2404 Jacksboro Pike La Follette, TN.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: 16.5 years remaining on the base lease term; NNN structure with no landlord responsibilities; 1% annual rental increases
