854 University StMartin, TN 38237
High-yield Burger King NNN lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- Investment-grade Burger King with strong 6.15% cap rate.
- Guaranteed by Carrols Corporation, the largest Burger King franchisee, a subsidiary of Restaurant Brands International.
- Absolute NNN lease with ~11.5 years remaining, offering 100% passive income and minimal landlord responsibilities.
- Prime location near University of Tennessee at Martin, ensuring high traffic and visibility.
- Long-term investment opportunity with recent remodel and approximately 11 years remaining on the base lease term.
- Excellent co-tenancy with national retailers including Walmart, McDonald's, and Rural King.
Property Details for 854 University St
- Property type
- Retail properties
- Square Feet
- 4,068 SF
- Year Built
- 1982
Location Insight
- City
- Martin
- County
- Weakley
- State
- Tennessee
- Latitude
- 36.3485048
- Longitude
- -88.8764063
Nearby Similar for Sale
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