IN ESCROW

Property Info

Summary

  • Offering Price $2,236,000
  • Cap Rate 6.00%
  • Current Annual Rent $134,148
  • Lease Type Absolute NNN

Key Facts

Seasoned Operator - 109+ Restaurants, 6 States

Thirteen (13.3) Years Remaining - Plus 6 - 5 Year Options

Absolute Triple Net (NNN) Lease - 10% Rental Increases Every 5 Years
204K Residents Within 5 Miles - Strong Street Frontage (39K CPD)

10 Mins from FedEx World Hub - 11,000 Employees, 880 Acres

Retail & Hotel Corridor - Minutes from Memphis International Airport

Team

Melissa Ley Marshall

Melissa Ley Marshall

First Vice President
CBRE
Lic. 01984445
+1 949 725 8617
Ian  Schroeder

Ian Schroeder

Senior Vice President
CBRE
Lic. 01497897
+1 949 345 0970