Restaurant
Corporate Burger King
1214 N Locust Ave, Lawrenceburg, TN 38464
Listing Price: $2,124,000
Investment Overview
Marcus & Millichap is pleased to present for sale this single tenant, absolute triple-net Burger King Restaurant investment opportunity located in Lawrenceburg, TN. The property consists of approximately 0.66 acres improved with a 2,800 square foot building. The restaurant was built in 1986 and completely renovated in 2018.
This Burger King is a corporate store. The Annual base rent is set at $120,000 with 10% percent rental increases every 5 years, as well as 4, five-year renewal options.
Lawrenceburg, TN is benefiting from the population growth of Middle Tennessee. Situated just 80 miles south of Nashville and 60 miles north of Huntsville. Nashville and Huntsville are two of the Southeastern United States fastest growing cities.
Exclusively Listed By
Listing Price: $2,124,000
Investment Highlights
- RARE CORPORATE BACKED LEASE
- 19 YEARS REMAINING
- ABSOLUTE NNN
- 22,000+ CARS PER DAY
Investment Overview
Marcus & Millichap is pleased to present for sale this single tenant, absolute triple-net Burger King Restaurant investment opportunity located in Lawrenceburg, TN. The property consists of approximately 0.66 acres improved with a 2,800 square foot building. The restaurant was built in 1986 and completely renovated in 2018. This Burger King is a corporate store. The Annual base rent is set at $120,000 with 10% percent rental increases every 5 years, as well as 4, five-year renewal options. Lawrenceburg, TN is benefiting from the population growth of Middle Tennessee. Situated just 80 miles south of Nashville and 60 miles north of Huntsville. Nashville and Huntsville are two of the Southeastern United States fastest growing cities.
Exclusively Listed By
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