Burger King Drive-Through
For Sale
Contact for pricing
Pending
645 Mulberry Ave, Selmer, TN 38375
Absolute NNN lease with 10% increases scheduled every 5 years.
Property SizeContact for details
Days on Market142
Property Features for 645 Mulberry Ave
General Information
Standard status
Pending
Property subtype
Retail
Net Operating Income
$94,380
Financials
Asking Price
$1,798,000
Cap Rate
5.25%
Additional Details
Traffic Count
17,000 vehicles/day
Listing Agency:
Triple Net Brokers
Listed By:
Frank Caporrino · License #NY 10491205822
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Apr 12 at 1:23PM
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 Triple Net Brokers
Investment Insights
Based on property information with market context.
Burger King operates at 645 Mulberry Ave in Selmer, Tennessee. The property is held fee simple and subject to an absolute NNN lease extending through 8/31/33, with 10% increases scheduled every 5 years.
A Carrols Corp. guarantee supports the lease, with Carrols Corp. identified as a Burger King franchisee with 1,000+ units. The property is positioned on a corridor reporting 17,000 VPD, and the offering reflects a 5.25% cap rate.
A Carrols Corp. guarantee supports the lease, with Carrols Corp. identified as a Burger King franchisee with 1,000+ units. The property is positioned on a corridor reporting 17,000 VPD, and the offering reflects a 5.25% cap rate.
Key Highlights
- Burger King drive‑through restaurant at 645 Mulberry Ave, Selmer, TN 38375
- Absolute NNN lease runs through 8/31/33
- 10% lease increases every 5 years
Property Analytics
Property Profile
Current Use
Lease Details
17,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
60k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 86%
Shops & Services 14%
Hotels & Casinos 1%
McDonald's
Dining
23,461 visits/mo
0.3 miles
Arby's
Dining
12,169 visits/mo
0.3 miles
Burger King
Dining
8,069 visits/mo
0.1 miles
Hardee's
Dining
7,558 visits/mo
0.3 miles
Valero Energy
Shops & Services
5,662 visits/mo
0.4 miles
Demographics for 38375, TN
9,071
Population
4,162
Households
2.2
Avg Household Size
44
Median Age
14%
College-Educated
86%
High-School Grad
112.7 sq mi
ZIP Area
80
Density / Sq Mi
$50,108
Median Household Income
$42,245
Median Earnings
$677
Median Rent
$143,500
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?
Drive through restaurant - Absolute NNN lease with 10% increases scheduled every 5 years.
Where is this drive through restaurant located?
The property is located at 645 Mulberry Ave Selmer, TN.
What are key features of this property?
This property features: Burger King drive‑through restaurant at 645 Mulberry Ave, Selmer, TN 38375; Absolute NNN lease runs through 8/31/33; 10% lease increases every 5 years
