Restaurant
Burger King
119 Alabama St, Columbus, MS 39702
Listing Price: $2,998,450
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Burger King located at 119 Alabama Street Columbus, Mississippi. The site consists of roughly 3,636 rentable square feet of building space on estimated 1.28-acre parcel of land. This Burger King is subject to a 20-year absolute triple-net (NNN) lease, which commenced on June 30th, 2027 and has 15 years remaining. The current annual rent is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
Exclusively Listed By
Broker of Record
Listing Price: $2,998,450
Investment Highlights
- Long Term Lease | 15.0 Years Left on 20-Year Lease
- Triple Net (NNN) Lease with Zero Landlord Responsibilities
- Operated by Carrols Restaurant Group (NASDAQ: TAST), one of the Largest Restaurant Companies and Franchisee's in the United States
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Burger King located at 119 Alabama Street Columbus, Mississippi. The site consists of roughly 3,636 rentable square feet of building space on estimated 1.28-acre parcel of land. This Burger King is subject to a 20-year absolute triple-net (NNN) lease, which commenced on June 30th, 2027 and has 15 years remaining. The current annual rent is scheduled to increase by 1.50% annually and in each of the 4, 5-year renewal options.
Exclusively Listed By
Broker of Record
