Restaurant

Burger King

101 Lakewood Dr, Batesville, MS 38606

Listing Price: $1,564,000

Cap Rate
6.25%
Tenant Name
Burger King
Years Remaining On Lease
15.10
Guarantor
Franchisee Guarantee
Rentable SF
4,161
Lease Type
Absolute Net
Rent Per Square Feet
$23.49

Investment Overview

Marcus & Millichap is pleased to present the Burger King in Batesville, MS.

Investment Highlights

  • Just Off I-55 with 22,000 Cars/Day, Direct Access to Downtown Memphis and Jackson
  • Burger Fast Food Chains Generate Approximately 70% of Revenue from Drive-Thru
  • Serving Over 34,000 Residents in Primary Trade Area, Only Burger King in Panola County
  • Highly Visible to 26,000 Cars/Day, Hard Corner Location at Signalized Intersection
  • 15+ Years Remaining with 10% Increases Every 5 Years
  • Absolute NNN Lease, No Landlord Responsibilities
  • Largest Burger King Franchisee in the World with 1,090 Locations (NASDAQ: Tast)
  • Open for Drive-Thru and Takeout Service, Classified Nationally as an "Essential Retailer"

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Associate

    License(s): MS: 15586

    Mississippi

Listing Price: $1,564,000

Cap Rate
6.25%
Tenant Name
Burger King
Years Remaining On Lease
15.10
Guarantor
Franchisee Guarantee
Rentable SF
4,161
Lease Type
Absolute Net
Rent Per Square Feet
$23.49

Investment Highlights

  • Just Off I-55 with 22,000 Cars/Day, Direct Access to Downtown Memphis and Jackson
  • Burger Fast Food Chains Generate Approximately 70% of Revenue from Drive-Thru
  • Serving Over 34,000 Residents in Primary Trade Area, Only Burger King in Panola County
  • Highly Visible to 26,000 Cars/Day, Hard Corner Location at Signalized Intersection
  • 15+ Years Remaining with 10% Increases Every 5 Years
  • Absolute NNN Lease, No Landlord Responsibilities
  • Largest Burger King Franchisee in the World with 1,090 Locations (NASDAQ: Tast)
  • Open for Drive-Thru and Takeout Service, Classified Nationally as an "Essential Retailer"

Investment Overview

Marcus & Millichap is pleased to present the Burger King in Batesville, MS.

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Associate

    License(s): MS: 15586

    Mississippi

MM Texture Background
MM Textured Background Lower