2725 Fort Campbell BlvdClarksville, TN 37040

  • Retail properties
  • 2,880 SF
For Sale
$2,289,904 View listing

Property Details for 2725 Fort Campbell Blvd

Year built
2008
Construction
FRAME
Lot size
0.81 AC
Property size (Sq ft)
2,880 SF
Zone code
C-5
Property type
Retail properties
Property subtype
Drive through restaurants
APN
020D A 00800 000
APU
020DA00800000

Description

This exceptional investment opportunity presents a fee-simple ownership of a 2,200 square foot KFC restaurant situated on a 0.79-acre lot at 2725 Fort Campbell Blvd, Clarksville, Tennessee, 37040. Built in 2008 and renovated in 2020, this property boasts a strong 6.00% cap rate, generating a substantial net operating income (NOI) of $137,394 annually. The property is currently vacant, but comes with a 20-year triple-net (NNN) lease, ensuring minimal landlord responsibilities. The lease features a franchisee tenant, a large KFC operator with approximately 70 locations and expansion plans, providing significant financial stability. The lease includes attractive rental increases of 2% annually and four five-year renewal options, guaranteeing long-term income growth. The asking price is $2,289,904, translating to a price per square foot of $1,040.87. This is a rare opportunity to acquire a high-performing, established fast-food restaurant with a secure, long-term lease. The property's prime location in Clarksville, Tennessee, further enhances its investment appeal.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $731,363
    6.5%
    $675,104
    7%
    $626,883
  • Comparable approach

    Method
    Valuation
    Relative Method
    $624,734
    Geo Method
    $624,734
  • Alternative Use

    Use
    Valuation
    Residential
    $569,476
    Hospitality
    $521,637
    Educational
    $433,996
    Medical
    $448,922
    Retail
    $675,104
2725 Fort Campbell Blvd, Clarksville, Tennessee
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Location Insight

City
Clarksville
County
Montgomery
State
Tennessee
Latitude
36.6241
Longitude
-87.4319
CBSA code
17300
CBSA name
CLARKSVILLE, TN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,592
-
-
$369,480
-
$310,500
$613,200
$923,700

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