Burger King Absolute NNN
3591 Lamar Ave, Memphis, TN 38118
For Sale
Contact for pricing
The freestanding restaurant is leased under an absolute NNN structure with scheduled rent increases.
Property Size3,728 SF
Lot Size1.13 Acres
Price / SF$576.72
Days on Market14
Property Features for 3591 Lamar Ave
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Traffic Count
Road Access
Additional Details
Tenant in Place
Building Details
Buildings
Listing Agency:
Bang Realty
Listed By:
Brian Brockman · License TN #701472
(859) 581-1113
Source:
Crexi
Added: Oct 27
Changed: Nov 8
Last Checked: Nov 8 at 3:47PM
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 Bang Realty
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Investment Insights
Based on property information with market context.
A freestanding Burger King restaurant occupies a 3,728-square-foot building on 1.13 acres. The property is subject to an absolute NNN lease, with the current term scheduled to end January 15, 2036. Contractual rent increases of 10% occur every five years, and Tennessee Quality, LLC, an affiliate of Carrols Restaurant Group, guarantees the lease.
At Lamar Avenue and Democrat Road, the site has three access points. Combined traffic at the intersection exceeds 50,000 vehicles per day. Memphis International Airport and the FedEx World Hub are 2–3 miles away.
At Lamar Avenue and Democrat Road, the site has three access points. Combined traffic at the intersection exceeds 50,000 vehicles per day. Memphis International Airport and the FedEx World Hub are 2–3 miles away.
Key Highlights
- 3,728‑square‑foot freestanding Burger King restaurant on 1.13 acres
- Absolute NNN lease scheduled through January 15, 2036
- Rent increases of 10% every five years
Property Analytics
Who owns this building?
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Current Use
Lease Details
50,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 32%
Burger King
Dining
8,816 visits/mo
0.0 miles
Krystal
Dining
6,319 visits/mo
0.3 miles
American Deli
Dining
5,998 visits/mo
0.1 miles
Dollar Tree
Shops & Services
5,384 visits/mo
0.3 miles
Checkers
Dining
4,958 visits/mo
0.3 miles
Demographics for 38118, TN
39,627
Population
16,317
Households
2.4
Avg Household Size
32
Median Age
12%
College-Educated
79%
High-School Grad
30.5 sq mi
ZIP Area
1,299
Density / Sq Mi
$42,464
Median Household Income
$30,431
Median Earnings
$1,105
Median Rent
$95,700
Median Home Value
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Market
Properties on Market for NNN properties in Shelby County
Vacancy Rate% for Retail in Memphis, TN
Frequently Asked Questions
What type of property is this?
NNN property - The freestanding restaurant is leased under an absolute NNN structure with scheduled rent increases.
Where is this nnn property located?
The property is located at 3591 Lamar Ave Memphis, TN.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 3,728‑square‑foot freestanding Burger King restaurant on 1.13 acres; Absolute NNN lease scheduled through January 15, 2036; Rent increases of 10% every five years
