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3820 S Eason Blvd
Tupelo, MS 38804

Burger King Sale-Leaseback · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,960 SF
Building Class
C
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.00 AC

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
113F-06-025-10
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$126,305
  • Listing ID: 6560214

  • Date on Market: 3/31/2017

  • Last Updated:

  • Address: 3820 S Eason Blvd, Tupelo, MS 38804

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