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Restaurant

Krystal

7073 Winchester Rd, Memphis, TN 38125

Listing Price: $1,445,000

Cap Rate
5.75%
Tenant Name
Krystal
Gross SF
2,887
Guarantor
Corporate Guarantee
Rentable SF
2,887
Price/Gross SF
$500.52
Lease Type
Absolute Net
Rent Per Square Feet
$28.75

Investment Overview

The subject property is a sale leaseback opportunity in Memphis, Tennessee. Tenant will sign a new, 20-year, corporate guaranteed, absolute NNN lease at the close of escrow. The property is situated at a 4-way signalized intersection, across the street from McDonald's and Chick-fil-A, and sits on a 0.62 acre pad at the entrance to the Majestic Centre.

Investment Highlights

  • New 20-Year Absolute NNN Lease
  • Corporate Lease with Krystal Restaurants
  • Recently renovated to Krystal's new prototype
  • Low Rent/Sales Ratio (Contact Agent for Details)

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Listing Price: $1,445,000

Cap Rate
5.75%
Tenant Name
Krystal
Gross SF
2,887
Guarantor
Corporate Guarantee
Rentable SF
2,887
Price/Gross SF
$500.52
Lease Type
Absolute Net
Rent Per Square Feet
$28.75

Investment Highlights

  • New 20-Year Absolute NNN Lease
  • Corporate Lease with Krystal Restaurants
  • Recently renovated to Krystal's new prototype
  • Low Rent/Sales Ratio (Contact Agent for Details)

Investment Overview

The subject property is a sale leaseback opportunity in Memphis, Tennessee. Tenant will sign a new, 20-year, corporate guaranteed, absolute NNN lease at the close of escrow. The property is situated at a 4-way signalized intersection, across the street from McDonald's and Chick-fil-A, and sits on a 0.62 acre pad at the entrance to the Majestic Centre.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

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