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Restaurant

Burger King | 14+ Years | Absolute NNN

760 US-64, Marion (Memphis TN MSA), AR 72364

Listing Price: $1,343,000

Cap Rate
6.00%
Tenant Name
Burger King
Years Remaining On Lease
14.3
Guarantor
Franchisee Guarantee
Rentable SF
2,860
Lease Type
Absolute Net
Rent Per Square Feet
$28.17

Investment Overview

Marcus & Millichap is pleased to present the Burger King in Marion, AR.

Investment Highlights

  • 14+ Years Remaining with 10% Increases Every 5 Years
  • Absolute NNN Lease with No Landlord Responsibilities
  • Strong Guaranty with 225 Locations, Wholly-Owned Subsidiary of Carrols Corp. (NASDAQ: TAST)
  • Burger Fast Food Chains Generate Approximately 70% of Revenue from Drive-Thru
  • Serving Over 41,000 Residents in Established Trade Area
  • Just Off I-55 with 38,000 Cars/Day with Monument Signage
  • Strategic Location, Underserved Retail Trade Area with Competition Void

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s) AR: PB00066390

    Arkansas

Restaurant

Burger King | 14+ Years | Absolute NNN

Listing Price: $1,343,000

Cap Rate
6.00%
Tenant Name
Burger King
Years Remaining On Lease
14.3
Guarantor
Franchisee Guarantee
Rentable SF
2,860
Lease Type
Absolute Net
Rent Per Square Feet
$28.17

Investment Highlights

  • 14+ Years Remaining with 10% Increases Every 5 Years
  • Absolute NNN Lease with No Landlord Responsibilities
  • Strong Guaranty with 225 Locations, Wholly-Owned Subsidiary of Carrols Corp. (NASDAQ: TAST)
  • Burger Fast Food Chains Generate Approximately 70% of Revenue from Drive-Thru
  • Serving Over 41,000 Residents in Established Trade Area
  • Just Off I-55 with 38,000 Cars/Day with Monument Signage
  • Strategic Location, Underserved Retail Trade Area with Competition Void

Investment Overview

Marcus & Millichap is pleased to present the Burger King in Marion, AR.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s): AR: PB00066390

    Arkansas

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