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854 University St
Martin, TN 38237
Burger King · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • World Renowned Brand – Burger King first opened in 1954 and now has 15,000+ locations in over 100 countries.
  • Absolute NNN Lease – This lease provides zero landlord responsibilities, providing an investor with 100% passive income.
  • Long-Term Investment – With ±11 Years remaining on the base term of the lease, an investor can benefit from having long-term income from a property
  • Strong Guarantor – Tennessee Quality, LLC, a wholly owned subsidiary of Carrols Corporation, is the lease guarantor.
  • University Town – The subject property is located in proximity to the University of Tennessee at Martin, a Division I college.
  • Neighboring Retail – The Burger King is located nearby many national retailers, which help drive traffic to the nearby area benefiting the Burger King

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
4,068 SF
Building Class
C
Year Built
1982
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.30 AC
Parking
42 Spaces (10.32 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
073-045.08
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$424,360
  • Listing ID: 32707795

  • Date on Market: 8/6/2024

  • Last Updated:

  • Address: 854 University St, Martin, TN 38237

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