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- LoopNet Team
1186 Perimeter Dr SE
Cleveland, TN 37323
Burger King · Retail Property For Sale

Property Facts
- 263’ on APD 40
- 143’ on Perimeter Dr
Amenities
- Signage
- Drive Thru
About 1186 PERIMETER DR SE , CLEVELAND, TN 37323
Newer construction, approximately 18-year absolute NNN sale leaseback Burger King in Cleveland, TN. The subject property is located on Perimeter Road, which is a frontage road to State Route 74/64 a.k.a. APD-40, the major commercial arterial in the area. APD-40 connects to I-75 and to nearby Dalton Pike, which is an alternative route south to Dalton, GA (approx. 45 minutes) and Atlanta (approx. 2 hours away). Cleveland is also just 30 miles from downtown Chattanooga. The offering is a sale-leaseback from an award-winning, 21-unit operator whose Average Unit Volumes (AUV) exceed Burger King’s national AUV by 22%, according to the operator. This store performs above their franchise-wide average. Notable retail/restaurant within close proximity include Walmart Supercenter, Taco Bell, McDonald’s, KFC, Wendy’s, Food City, Advance Auto, Walgreen’s, Bojangles’, Planet Fitness, O’Reilly Auto, and Dollar Tree. This Burger King is also approximately 17 miles from Volkswagen’s Chattanooga Auto Assembly Plant, that began production in 2011 and now employs more than 2,000 people, many of whom live in Cleveland.
Links
Property Taxes
| Parcel Number | 065E-F-014.00 | Improvements Assessment | $246,240 |
| Land Assessment | $153,360 | Total Assessment | $399,600 |
Property Taxes
Listing ID: 11567285
Date on Market: 2/12/2018
Last Updated:
Address: 1186 Perimeter Dr SE, Cleveland, TN 37323
The Retail Property at 1186 Perimeter Dr SE, Cleveland, TN 37323 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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