Krystal | Lafollette, TN — Sale in Lafollette, TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Lafollette, TN 37766

Photos

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Investment Figures

Cap rate
5.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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, becoming the first franchisees of The Krystal Company. In 1990, they opened the company’s first franchise restaurant in Crossville, Tennessee. 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, Dunkin’, Taco Bell, Bojangles, Zaxbys, Burger King, Jersey Mikes, Walgreens, O’Reilly, and more! Investment Highlights: • 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

Market Context

This food service in Lafollette, TN is listed for sale. It is offered at an approximate 5.8% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Lafollette, TN — view the full market.

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