840 W Main St
Tupelo, MS 38801

Marcus & Millichap is pleased to present the exclusive listing for the Burger King Sale-Leaseback located at 840 West Main Street in Tupelo, Mississippi. The tenant completely remodeled this location to Burger King' s 20/20 Image in 2016 demonstrating their commitment to the site. The property consists of 4,644 rentable square feet on 1.15 acres. Burger King is subject to 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 $230,000. 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 840 West Main Street in Tupelo, MS. Tupelo is located in the Northeastern corner of Mississippi. Two of Mississippi' s most important highways, I-22 and Route 45, intersect in Tupelo. Tupelo is recognized for its blooming commercial and industrial bases that rival those of other similarly sized cities.