Restaurant
Corporate - Burger King - 14+ Years NNN
103 N Military St, Loretto, TN 38469
Listing Price: $1,082,000
Investment Overview
Marcus & Millichap is pleased to present for sale this single tenant, absolute triple-net Burger King Restaurant investment opportunity located in Loretto, TN. The property consists of approximately 1.17 acres improved with a 4,160 square foot building. built in 2021.
Burger King Corporate took over this lease in January. There are 12.5 years remaining on the lease with rent set at 8.5% of sales paid monthly.
Loretto is situated 90 miles south of Nashville, TN and 50 miles from Huntsville, AL. The city is experiencing population growth within 1, 3, and 5 miles of the property and Lawrence County is home to more than 380,000 residents.
Exclusively Listed By
Financing By
Listing Price: $1,082,000
Investment Highlights
- CORPORATE LOCATION
- LARGE SIGNALIZED CORNER PARCEL
- GROWING POPULATION & DEMOGRAPHICS
- NEW CONSTRUCTION
Investment Overview
Marcus & Millichap is pleased to present for sale this single tenant, absolute triple-net Burger King Restaurant investment opportunity located in Loretto, TN. The property consists of approximately 1.17 acres improved with a 4,160 square foot building. built in 2021. Burger King Corporate took over this lease in January. There are 12.5 years remaining on the lease with rent set at 8.5% of sales paid monthly. Loretto is situated 90 miles south of Nashville, TN and 50 miles from Huntsville, AL. The city is experiencing population growth within 1, 3, and 5 miles of the property and Lawrence County is home to more than 380,000 residents.
Exclusively Listed By
Financing By
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