Property Details

Burger King

Knoxville, TN
Property ID: 9194

Financial Summary

Asking Price $2,123,890
Cap Rate 5.65%
Net Operating Income (NOI) $120,000
Lease Type NNN
Lease Term Remaining 14 Years
Increases 5% Every 5 Years
The Offering Memorandum for this property is no longer available.

Contact

Sheree Strome, CCIM
Director
404.900.5629
Keelee Peterson
Director
404.492.9469

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Highlights

  • Extensive remodel 2012
  • Located in a major retail corridor, outparcel to Kroger & Target
  • Average HH income of $63,494 with population of 43,013 w/in 3 miles
  • 31,000 VPD pass the site
  • Lease includes percentage rent which is not included in NOI
  • Large experienced operator

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

6706 Clinton Hwy
Knoxville, TN

Traci BidingerBurger King