Triple Net Burger King
For Sale
Contact for pricing
3951 New Covington Pike, Memphis, TN 38128
Burger King property offering more than 15 years remaining on an absolute triple-net lease.
Property Size3,794 SF
Days on Market120
Property Features for 3951 New Covington Pike
General Information
Standard status
Active
Size
3,794 SF
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Dash Commercial Real Estate Advisors
Listed By:
John Dudash · License #133256
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 10:46PM
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 Dash Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
Sands Investment Group offers a 3,794 SF Burger King for sale at 3951 New Covington Pike in Memphis, Tennessee. The opportunity includes over 15 years remaining on an absolute triple-net (NNN) lease.
The lease is described as having zero landlord responsibilities, with the property positioned for a secure, long-term tenant agreement under the provided terms.
This offering is structured as an NNN investment property, with the existing restaurant asset conveyed subject to the lease terms stated in the listing remarks.
The lease is described as having zero landlord responsibilities, with the property positioned for a secure, long-term tenant agreement under the provided terms.
This offering is structured as an NNN investment property, with the existing restaurant asset conveyed subject to the lease terms stated in the listing remarks.
Key Highlights
- 3,794 SF Burger King at 3951 New Covington Pike in Memphis, Tennessee
- Over 15 years remaining on an absolute triple‑net (NNN) lease
- Lease structure provides zero landlord responsibilities
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
537
Businesses Nearby
230k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 38%
Shops & Services 25%
Dining 16%
Groceries 15%
Walmart
Superstores
87,439 visits/mo
0.2 miles
Kroger
Groceries
33,786 visits/mo
0.2 miles
Dollar Tree
Shops & Services
18,014 visits/mo
0.3 miles
Burger King
Dining
16,487 visits/mo
0.1 miles
Wendy's
Dining
14,935 visits/mo
0.0 miles
Demographics for 38128, TN
43,197
Population
18,388
Households
2.3
Avg Household Size
32
Median Age
15%
College-Educated
85%
High-School Grad
23.6 sq mi
ZIP Area
1,830
Density / Sq Mi
$43,166
Median Household Income
$32,429
Median Earnings
$1,150
Median Rent
$123,900
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Burger King property offering more than 15 years remaining on an absolute triple-net lease.
Where is this nnn property located?
The property is located at 3951 New Covington Pike Memphis, TN.
What are key features of this property?
This property features: 3,794 SF Burger King at 3951 New Covington Pike in Memphis, Tennessee; Over 15 years remaining on an absolute triple‑net (NNN) lease; Lease structure provides zero landlord responsibilities
