Freestanding Krystal
For Sale
Contact for pricing
2540 Decherd Blvd, Decherd, TN 37324
Freestanding restaurant on an approximately 1.78-acre site with a new 25-year absolute NNN lease.
Property Size4,924 SF
Lot Size1.78 Acres
Days on Market120
Property Features for 2540 Decherd Blvd
General Information
Standard status
Active
Size
4,924 SF
Lot size
1.78 Acres
Property subtype
Retail
Building Details
Year Built
1996
Listing Agency:
CBRE - Orlando
(631) 903-7137
Listed By:
Andrew Jaworski · License #Sl3405473
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 5:27PM
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 CBRE - Orlando
Investment Insights
Based on property information with market context.
This freestanding Krystal Restaurant is located on an approximately 1.78-acre parcel and includes a 4,924-square-foot building constructed in 1996. The property is offered for sale with a brand new 25-year Absolute NNN lease in place.
Lease terms call for an initial starting base rent of $83,408 with 1.0% annual escalations beginning in year six. Three five-year tenant renewal options are included, each with 1.0% annual rental increases during the option periods, extending the total possible lease term to 40 years.
The asset is positioned as a specialty NNN restaurant investment under the Absolute NNN structure, with lease execution stated to occur at close of escrow.
Lease terms call for an initial starting base rent of $83,408 with 1.0% annual escalations beginning in year six. Three five-year tenant renewal options are included, each with 1.0% annual rental increases during the option periods, extending the total possible lease term to 40 years.
The asset is positioned as a specialty NNN restaurant investment under the Absolute NNN structure, with lease execution stated to occur at close of escrow.
Key Highlights
- Freestanding Krystal Restaurant at 2540 Decherd Blvd, Decherd, TN on an approximately 1.78‑acre parcel
- Site built in 1996 with 4,924 rentable SF of restaurant building space
- Brand new 25‑year Absolute NNN lease in place at close of escrow with WAC Enterprises
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
154k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 31%
Groceries 15%
Home Improvements & Furnishings 8%
Kroger
Groceries
23,576 visits/mo
0.1 miles
McDonald's
Dining
21,184 visits/mo
0.3 miles
Tractor Supply Co.
Home Improvements & Furnishings
12,034 visits/mo
0.4 miles
Taco Bell
Dining
11,838 visits/mo
0.1 miles
Hardee's
Dining
11,426 visits/mo
0.2 miles
Demographics for 37324, TN
5,119
Population
2,542
Households
2
Avg Household Size
43
Median Age
13%
College-Educated
92%
High-School Grad
66.5 sq mi
ZIP Area
77
Density / Sq Mi
$44,563
Median Household Income
$31,028
Median Earnings
$844
Median Rent
$207,700
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?
Conventional restaurant - Freestanding restaurant on an approximately 1.78-acre site with a new 25-year absolute NNN lease.
Where is this conventional restaurant located?
The property is located at 2540 Decherd Blvd Decherd, TN.
What are key features of this property?
This property features: Freestanding Krystal Restaurant at 2540 Decherd Blvd, Decherd, TN on an approximately 1.78‑acre parcel; Site built in 1996 with 4,924 rentable SF of restaurant building space; Brand new 25‑year Absolute NNN lease in place at close of escrow with WAC Enterprises
