Burger King & All in One
6428 E Shelby Dr.
- Cap Rate:
- Rentable SQFT:
- 5,440 SF
- Year Built:
- 1999 / 2012
- Lot Size:
- 1.13 +/- Acres
- Lease Type:
- Absolute NNN
- 14+ Years Remaining with 10% Increases Every 5 Years
- Absolute NNN Lease with No Landlord Responsibilities
- Strong Guaranty with 230 Locations, Wholly-Owned Subsidiary of Carrols Corp. (NASDAQ: TAST)
- Upward Trending Unit-Level Burger King Sales, Projected to Increase 15% Over 2020
- Same Lease and Guaranty Includes All In One Convenience Store, Gas Station and Car Wash, Eligible for Bonus Depreciation
- Infill Location, Serving Over 80,000 Residents within a 3-Mile Radius
- Highly Visible to 56,000 Cars/Day, Hard Corner Location at Signalized Intersection with Monument Signage
- Strategic Location, Underserved Retail Trade Area with Competition Void
- Down the Street from Nike’s Largest Distribution Center Worldwide, a 2.8 Million SF State-of-the Art Facility with 3,200 Employees
- Strong Daytime Population, Over 76,500 Employees in the Trade Area
- Across from Major Industrial Hub Occupied by Several Fortune 500 Companies
- Just East of the Memphis International Airport, 2nd Largest Cargo Airport in the World and Home to FedEx World Hub and UPS/USPS Hubs
- Close Proximity to 3rd Largest Railway Center in the U.S.
- Surrounded by Several K-12 Schools with Over 10,000 Students
- Tax Free State, No State Income Tax in Tennessee
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