Burger King
Single-Tenant Offerings
Burger King
5101 U.S. Highway 51
Senatobia (Memphis, TN MSA), MS
- Price:
- $1,925,000
- Cap Rate:
- 6.63%
- NOI:
- $127,559
- Rentable SQFT:
- 2,816 SF
- Year Built:
- 1997/2012
- Lot Size:
- 0.85 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Under Contract
Investment Highlights
- 12+ Years Remaining with 10% Increases Every 5 Years
- Absolute NNN Lease, No Landlord Responsibilities
- Largest Burger King Franchisee in the World with 1,000+ Locations (NASDAQ: Tast)
- Strong Unit-Level Sales, Above National Average
- Open for Drive-Thru and Takeout Service, Classified Nationally as an “Essential Retailer”
- Burger Fast Food Chains Generate Approximately 70% of Revenue from Drive-Thru
- Serving Over 28,000 Residents in Primary Trade Area, Only Burger King in Tate County
- Average Household Income Exceeds $64,000 with 3 and 5 Miles
- Highly Visible to 8,300 Cars/Day, Hard Corner Location at Signalized Intersection
- Close Proximity to I-55 with 25,000 Cars/Day, Direct Access to Downtown Memphis and Jackson
- Adjacent to Northwest Mississippi Community College with 7,654 Students
- Directly Across from Walmart Supercenter, Dense Retail Corridor
- Minutes to Sardis Lake with 5 Million Visitors Annually
Registration/Client Login
Lost Password?Not Registered?
In order to view the Marketing Package and join our distribution list, please complete the fields below.