Dyersburg Restaurant Investment
For Sale
Contact for pricing
2408 Lake Rd, Dyersburg, TN 38024
Single-tenant QSR with drive-thru, long-term lease, and stable income.
Property Size3,690 SF
Lot Size0.79 Acres
Price / SF$740.11
Days on Market160
Property Features for 2408 Lake Rd
General Information
Standard status
Active
Size
3,690 SF
Total Parking Spaces
39
Lot size
0.79 Acres
Property subtype
Retail
Zoning
P-B
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$163,844
Building Details
Year Built
1991
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Tampa
(404) 231-2232
Listed By:
William Wamble · License #SL3257920
Source:
Crexi
Added: Mar 4
Changed: Aug 8
Last Checked: Aug 10 at 3:08PM
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 Tampa
Investment Insights
Based on property information with market context.
An investment opportunity is available at 2408 Lake Road in Dyersburg, Tennessee. This single-tenant Quick Service Restaurant (QSR) features a drive-thru and an Absolute NNN lease with Tasty Restaurant Group, a KFC operator. The property generates a net operating income of $163,844, reflecting a cap rate of 5.75%, and includes 1.50% annual increases. The building, constructed in 1991, has a size of 3,690 square feet and is situated on a 0.79-acre lot. The lease extends to 2044 and is guaranteed by Tasty Chick'n Southeast and Tasty Chick'n Midwest, which operate over 145 units. The tenant ranks in the 93rd percentile nationwide.
Key Highlights
- 18+ year Absolute NNN lease with Tasty Restaurant Group, a top KFC operator.
- Net Operating Income (NOI) of $163,844 with a 5.75% cap rate.
- Enjoy 1.50% annual rental increases.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
502k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 22%
Superstores 19%
Home Improvements & Furnishings 8%
Walmart
Superstores
84,764 visits/mo
0.2 miles
Chick-fil-A
Dining
50,593 visits/mo
0.0 miles
McDonald's
Dining
31,288 visits/mo
0.0 miles
Kroger
Groceries
31,012 visits/mo
0.2 miles
Murphy USA
Shops & Services
28,124 visits/mo
0.2 miles
Demographics for 38024, TN
26,518
Population
11,561
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
90%
High-School Grad
143.0 sq mi
ZIP Area
185
Density / Sq Mi
$54,303
Median Household Income
$37,220
Median Earnings
$757
Median Rent
$171,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Single-tenant QSR with drive-thru, long-term lease, and stable income.
Where is this drive through restaurant located?
The property is located at 2408 Lake Rd Dyersburg, TN.
What is the asking price?
The asking price for this property is $2,731,000.
What are key features of this property?
This property features: 18+ year Absolute NNN lease with Tasty Restaurant Group, a top KFC operator.; Net Operating Income (NOI) of $163,844 with a 5.75% cap rate.; Enjoy 1.50% annual rental increases.
