485 Shady St Mountain City, TN 37683
This exceptional investment opportunity presents a brand-new, single-tenant KFC restaurant located at 485 S Shady St, Mountain City, Tennessee 37683. The property boasts a fee-simple ownership structure with a 20-year absolute net lease commencing June 23, 2023, and expiring June 23, 2043, leaving a substantial 18.6 years remaining. The building, constructed in 2023, is a state-of-the-art prototype situated on a 1.4-acre lot. The lease includes four 5-year renewal options, with a 10% rent escalation every five years, ensuring consistent income growth. The property currently enjoys 100% occupancy, generating a Net Operating Income (NOI) of $101,988, resulting in a compelling 5.65% cap rate. The asking price is $1,805,097. This is a franchisee-guaranteed lease, offering significant peace of mind to the investor. The property benefits from excellent visibility and accessibility, and is located in the income tax-free state of Tennessee. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term growth potential. The building is a single-story structure.
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KFC Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.