Absolute NNN Retail
For Sale
Contact for pricing
11423 Chapman Hwy, Seymour, TN 37865
The site combines a Burger King restaurant with a corporate Food City gas station.
Property SizeContact for details
Days on Market143
Property Features for 11423 Chapman Hwy
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
Core Realty Associates Inc.
Listed By:
Heather Gogola · License #FL sl3019663
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 5:32AM
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 Core Realty Associates Inc.
Investment Insights
Based on property information with market context.
This commercial property includes a Burger King restaurant operated by Carrols Corp. and a corporate-operated Food City gas station. Both businesses remained open throughout 2020 and are identified as essential businesses. The property is structured under absolute NNN leases, with Burger King's lease having +/- 17 years remaining and Food City's lease having +/- 14.5 years remaining. Burger King also has a gross-sales-sharing provision.
Located at 11423 Chapman Hwy in Seymour, Tennessee, the property serves as an outparcel to a Food City grocery-anchored center. The source information describes the setting as a high-traffic area. The two occupied uses provide a combination of quick-service restaurant and fuel-service operations within one commercial asset.
Located at 11423 Chapman Hwy in Seymour, Tennessee, the property serves as an outparcel to a Food City grocery-anchored center. The source information describes the setting as a high-traffic area. The two occupied uses provide a combination of quick-service restaurant and fuel-service operations within one commercial asset.
Key Highlights
- Absolute NNN lease structure
- Burger King lease has +/- 17 years remaining
- Food City lease has +/- 14.5 years remaining
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
376
Businesses Nearby
129k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 37%
McDonald's
Dining
30,641 visits/mo
0.2 miles
Weigel's
Shops & Services
27,283 visits/mo
0.2 miles
Exxon
Shops & Services
16,226 visits/mo
0.1 miles
Taco Bell
Dining
15,184 visits/mo
0.3 miles
Burger King
Dining
11,496 visits/mo
0.1 miles
Demographics for 37865, TN
22,567
Population
10,329
Households
2.2
Avg Household Size
44
Median Age
23%
College-Educated
93%
High-School Grad
73.3 sq mi
ZIP Area
308
Density / Sq Mi
$88,410
Median Household Income
$43,269
Median Earnings
$1,351
Median Rent
$276,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - The site combines a Burger King restaurant with a corporate Food City gas station.
Where is this nnn property located?
The property is located at 11423 Chapman Hwy Seymour, TN.
What are key features of this property?
This property features: Absolute NNN lease structure; Burger King lease has +/- 17 years remaining; Food City lease has +/- 14.5 years remaining
