Family Dollar - Marks. MS
713 M.L.K. Jr Dr, Marks, MS, 38646, US
€ 444.000 | 743 vierkante meter
Beschrijving
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the Wendy’s located at 6143 Walnut Grove Road in Memphis, Tennessee (“Property” or “Asset”). Wendy’s is operating on an absolute NNN lease with ±12.0 years of primary lease term remaining, various rental escalations, and four, five-year renewal options.
Located just 10 miles east of downtown Memphis, the Property is conveniently positioned at the intersection of Humphreys Blvd and Walnut Grove Road, just off Interstate 240 with direct accessibility to more than 217,000 vehicles per day. Interstate 240 is a 19-mile-long auxiliary Interstate Highway that forms a contiguous beltway around most of Memphis, allowing easy travel to anywhere in the city.
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Kenmerken
Vraagprijs
€ 2.450.000
Cap rate
6%
NOI
€ 147.000
WAULT
12 jaren
Netto gebouwoppervlakte
311 vierkante meter
Bruto landoppervlakte
0,46 ha
Media
Investeringskenmerken
- Operating on an absolute NNN lease with ±12.0 years of primary lease term remaining
- Outparcel to Baptist Memorial Healthcare flagship hospital with 706 beds
- Meritage Hospitality Group is one of the fastest growing restaurant companies in the U.S.
- Strong demand characteristics driven by 1-mile AHHI of $208K
- Dense commercial corridor off I-240 with accessibility to 217,000 VPD
- College town location with The University of Memphis just 4 miles from Property
Contact adviseurs
Wendy's - Memphis, TN (0 Eigendommen)
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Laatst bijgewerkt
25 apr 2025
