10750 Highway 51 S
Atoka, TN 38004

-Long-Term Lease – There are ± 16.25 years remaining on the original 20-year lease with two (2), 5-year options for the tenant to extend -Strong Hedge Against Inflation – There are 10% increases in rent every 5 years allowing properties to keep up with rising market rents -Attractive Tax Benefits – Ownership includes land and improvements, allowing owners to depreciate the improvements over a 39-year depreciation schedule • Absolute NNN Lease – Landlord has zero landlord responsibilities, the tenant takes care of insurance, real estate taxes, and maintenance -Tax-Free State – Tennessee is one of 8 states out of 50 that has no state income taxes – great investment for those also living in tax-free states or those who do not want to file taxes in other states -Strong Retail Corridor – Other national tenants in the immediate area include McDonald’s, Kroger, Sonic Drive-In, Pizza Hut, Papa John’s Pizza, Taco Bell, DQ Grill & Chill, Walgreens, and Exxon, amongst others -Publicly Traded Company – Cambridge Franchise Holdings (“CFH”) was recently acquired by Burger King’s largest franchise operator, Carrols Corporation – Carrols is a publicly traded company with over $600 million in assets (2018) -Growth Focused Operator – With the addition of approximately 166 Burger Kings and 55 Popeyes, Carrols now operates over 1,000 stores in 20 states and plans to develop approximately 200 more BKs and 70 Popeyes over the next 6 years -World Renowned Brand – Burger King first opened in 1954 and today there are 15,000+ BK restaurants in over 100 countries