Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire a two-tenant net lease deal (the “Property”) in Seymour, Tennessee. Burger King and Food City Gas ‘N Go are both outparcels to Food City Grocery Store. This Food City location is the 12th best performing location in the nation according to Placer AI, with more than 700,000 annual visits. Both tenants operate under Absolute Net leases providing peace of mind and ease of management for ownership. Burger King is operated by Carrols Restaurant Group, the number one Burger King Franchisee with more than 1,000 locations under management. Food City Gas ‘N Go is a corporate location – Food City operates more than 130 grocery stores and 115 C-Stores. Burger King performs extremely well at this location and pays 8.5 percent rent above a natural breakpoint providing significant additional cash flow to ownership. The Property benefits from it’s location just 20 minutes from Knoxville and is located in Tennessee with zero state income tax. The Property is offered at a 6.5 percent cap rate totaling $2,907,600.