Restaurant
Krystal | New 20-Year Corporate Sale-Leaseback
3330 Austin Peay Hwy, Memphis, TN 38128
Listing Price: $1,760,000
Investment Overview
The investment opportunity offers a new absolute NNN sale-leaseback with Corporate Krystal. The Lease features a 20-year base term with three, 5-year renewal options and 10% rental increases every five years. The building has been recently renovated to the tenant’s latest prototype and is located in Memphis, TN, with a population of over 165,000 within a 5-mile radius.
Listing Price: $1,760,000
Investment Highlights
- New 20-Year Absolute NNN Corporate Lease
- Recently Renovated to Krystal's New Prototype
- Low Rent/Sales Ratio (Contact Agent for Details)
Investment Overview
The investment opportunity offers a new absolute NNN sale-leaseback with Corporate Krystal. The Lease features a 20-year base term with three, 5-year renewal options and 10% rental increases every five years. The building has been recently renovated to the tenant’s latest prototype and is located in Memphis, TN, with a population of over 165,000 within a 5-mile radius.
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