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3820 S Eason Blvd
Tupelo, MS 38804
Burger King Sale-Leaseback · Retail Property For Sale
PROPERTY FACTS
About 3820 S Eason Blvd , Tupelo, MS 38804
Marcus & Millichap is pleased to present the exclusive listing for the Burger King located at 3820 South Eason Blvd, Tupelo, Mississippi. This location was newly constructed in 2016. The property is 2,766 rentable square feet and is situated on a 1.00 acre lot. This Burger King is subject to a 20-year triple-net (NNN), sale-leaseback with Cambridge Franchise Group ( CFG ), a 115-Unit Burger King operator. The lease will commence upon close of escrow and the base annual rent will be $171,382. The lease calls for 7.50% rental increases every five years during the base term and continuing through the four, five-year tenant renewal options. Burger King is located at 3820 Eason Boulevard, in Tupelo, Mississippi. Tupelo is the county seat and the largest city of Lee County. It is situated off of Interstate-22, between Memphis, Tennessee and Birmingham, Alabama. Tupelo has always been a regional transportation hub, due to its location at a railroad intersection. It is also known as the birth place of Elvis Presley.is
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PROPERTY TAXES
Parcel Number | 113F-06-025-10 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $126,305 |
PROPERTY TAXES
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Listing ID: 6560214
Date on Market: 3/31/2017
Last Updated:
Address: 3820 S Eason Blvd, Tupelo, MS 38804
The Retail Property at 3820 S Eason Blvd, Tupelo, MS 38804 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.