Burger King Absolute NNN
For Sale
Contact for pricing
1016 Mineral Wells Ave, Paris, TN 38242
The property carries an absolute NNN lease structure and is identified as a Burger King retail location.
Property Size2,579 SF
Days on Market145
Property Features for 1016 Mineral Wells Ave
General Information
Standard status
Active
Size
2,579 SF
Property subtype
Retail
Additional Details
Cap Rate
6.25%
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - San Diego
(858) 373-3100
Listed By:
Phil Sambazis · License #01474991
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 2:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - San Diego
Investment Insights
Based on property information with market context.
This retail property is identified with the Burger King brand and encompasses 2,579 SF. The offering is structured under an absolute NNN lease and reflects a 6.25% CAP rate.
The property is located at 1016 Mineral Wells Ave in Paris, Tennessee 38242. Its retail classification and lease structure provide the primary operating and investment characteristics stated for the asset.
The property is located at 1016 Mineral Wells Ave in Paris, Tennessee 38242. Its retail classification and lease structure provide the primary operating and investment characteristics stated for the asset.
Key Highlights
- Burger King retail property comprising 2,579 SF
- Absolute NNN lease structure
- 6.25% CAP rate
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
548
Businesses Nearby
368k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 33%
Shops & Services 26%
Superstores 19%
Home Improvements & Furnishings 13%
Walmart
Superstores
69,067 visits/mo
0.5 miles
Lowe's
Home Improvements & Furnishings
30,901 visits/mo
0.5 miles
McDonald's
Dining
27,894 visits/mo
0.2 miles
Kroger
Groceries
19,826 visits/mo
0.2 miles
SONIC Drive In
Dining
18,131 visits/mo
0.4 miles
Demographics for 38242, TN
19,940
Population
9,390
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
175.5 sq mi
ZIP Area
114
Density / Sq Mi
$44,833
Median Household Income
$35,723
Median Earnings
$759
Median Rent
$157,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - The property carries an absolute NNN lease structure and is identified as a Burger King retail location.
Where is this retail space located?
The property is located at 1016 Mineral Wells Ave Paris, TN.
What are key features of this property?
This property features: Burger King retail property comprising 2,579 SF; Absolute NNN lease structure; 6.25% CAP rate
