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    14860 W Main St Louisville, MS 39339

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    For Sale
    $1,890,625

    NNN Burger King with long-term lease and attractive rental increases.

    Property size:
    3,063 SF
    Lot size:
    1.31 Acres

    Property Features for 14860 W Main St

    General Information

    Size
    3,063 SF
    Lot size
    1.31 Acres

    Source: NNN Pro Group Agent Glen Kunofsky

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Burger King NNN Investment Opportunity

    This property features a Burger King located at 14860 West Main Street, Louisville, Mississippi. The site includes approximately 3063 rentable square feet of building space on an estimated 1.3-acre parcel of land. The Burger King is subject to a 20-year Triple Net (NNN) lease, which commenced on July 18, 2018. The current annual rent is $121,000, with scheduled increases of 10.00% every 5 years. The lease is a Triple Net (NNN) lease with zero landlord responsibilities. The operator is Carrols Restaurant Group (NASDAQ: TAST), one of the largest restaurant companies and franchisees in the United States. The lease is guaranteed by New CFH, LLC, a subsidiary of Carrols with over 200 units. There are four tenant renewal periods of five years each, with attractive rental increases of ten percent every 5 years. More than 15 years remain on the original 20-year lease.
    Insight Report Location Intelligence

    Current Use by Public Records

    Burger King Fast Food Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Clothing Store Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Winston
    State
    Mississippi
    Longitude
    -89.063866
    Latitude
    33.123478

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    FAQs

    What type of property is this?
    Drive through restaurant - NNN Burger King with long-term lease and attractive rental increases.
    Where is this drive through restaurant located?
    The property is located at 14860 W Main St Louisville, MS.
    What is the asking price?
    The asking price for this property is $1,890,625.
    What are key features of this property?
    This property features: - Long-term NNN lease with over 15 years remaining, providing stable income.; - Operated by Carrols Restaurant Group (NASDAQ: TAST), a large and established restaurant company.; - Guaranteed by New CFH, LLC, a subsidiary of Carrols with over 200 units, ensuring financial security.
    (332) 345-2408
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    Louisville, MS 39339
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14860 W Main St Louisville, MS 39339
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