Property Details

Burger King & Food City Gas

Seymour, TN
Property ID: 11626

Financial Summary

Asking Price $2,710,909
Cap Rate 5.50%
Net Operating Income (NOI) $149,100
Lease Type NNN
Lease Term Remaining 20 Years

Offering Memorandum

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Contact

Sheree Strome, CCIM
Director
404.900.5629
Michael Berk
Investment Sales Associate
404.835.7666

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Highlights

  • Food City corporate guarantee
  • Food City outparcel
  • Income tax-free investment
  • Bonus percentage rent not calculated in NOI
  • Population of over 17,000 people with average HH income of $62,922 within 3-mile radius
  • Burger King is operated by Carrols Restaurant Group- 1000+ locations

Location

11423 Chapman Hwy
Seymour, TN

Traci BidingerBurger King & Food City Gas