7599 US Highway 70 - Fast Food FOR SALE
Bartlett, TN 38133 |
7599 US Highway 70
Bartlett, TN 38133
HIGHLIGHTS
- McDonalds’ new 20-year NNN ground lease is expected to commence in March 2022 will feature 5% rent increases every 5 years
- Located just 13 miles northeast of Memphis, the property is exceptionally located along US-70 (15,960 VPD)
- The site is immediately adjacent to Kroger, Supercuts, Taco Bell, and The Little Clinic. Additionally, McDonald’s is across US-70
- McDonald’s benefits from its location within the area’s primary retail and commercial corridors with 6.5 MSF of retail
- Additional traffic drivers in the surrounding vicinity include Appling Middle School (679 Students)
- affluent demographics with a population of 53,509 and an average annual household income of $95,949 within a 3-mile radius.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
McDonald's: Bartlett, TN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
4444
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
B0-158X-B0-0023
