5305 Winchester Rd - Fast Food FOR SALE
Memphis, TN 38118 |
5305 Winchester Rd
Memphis, TN 38118
HIGHLIGHTS
- Long Term Lease | 10+ years remaining on the primary lease term with 10% increases every 5 years
- Hard Corner Location | Located at Signalized Intersection with over 58,000 VPD
- Property Equipped with Drive-thru and a large 1.15 ACRE lot with 41 parking spaces
- Strong Guarantor | Nashville Quality, LLC operates 160+ Burger King restaurants and is a subsidiary of Carrol’s Corporation
- Surrounded by Schools | Over 2,500 Students in a 0.1 Mile Radius
- Fee Simple Ownership (Land and Building) | Depreciable Asset
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Burger King
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
2124
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
45
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
09-3417-L0-0007
