SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, KFC investment property located in Brownsville, Tennessee (Memphis MSA). The tenant, Tasty Chick’n, LLC recently signed a brand-new, 20-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 1.50% annual rental increases starting in year 7 that continues throughout the initial term and options thereafter, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a investor. Today they still follow his formula for success, with real cooks breading and freshly preparing our delicious chicken by hand in more than 26,000 restaurants in over 145 countries and territories around the world.